Section 155(7)

The Bank Recovery and Resolution (No. 2) Order 2014 · United Kingdom

In this article “relevant power” means the power conferred by sections 12A (bail-in option), 48B (special bail-in provision) and 81BA (bail-in option) of the Banking Act 2009 to convert the entity's eligible liabilities into Common Equity Tier 1 instruments of— the entity; or a parent undertaking of the entity.

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