Schedule 11, Part 5, paragraph 22(5)

In carrying out a valuation required under sub-paragraph (1), the person carrying out the valuation must— make prudent assumptions as to possible rates of default and the severity of losses suffered by the CCP, disregard potential financial assistance which may be provided by the Bank or the Treasury after the Bank has exercised the stabilisation power (except for ordinary market assistance offered by the Bank on its usual terms), take account of the fact that the Bank and the Treasury may charge interest or fees in respect of any loans or guarantees provided to the CCP after the Bank has exercised the stabilisation power, apply any relevant methodology specified in regulations made under this paragraph.

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