Schedule 11, Part 5, paragraph 22(4)

Where the Bank considers that the urgency of the case makes it appropriate to exercise the stabilisation power before a valuation can be carried out by a person appointed in accordance with sub-paragraph (3), the Bank may carry out a provisional valuation of the assets and liabilities of the CCP for the purposes of sub-paragraph (1).

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Source: legislation.gov.uk · retrieved 2026-09-04