[81BB Bail-in option: supplemental powers in relation to certain holding companies]

[81BB  Bail-in option: supplemental powers in relation to certain holding companies]

[(1)     Without prejudice to the operation of section 81BA, the Bank of England may exercise a stabilisation power in respect of a banking group company in accordance with section 12A(2) if the following conditions are met.

(2)     Condition 1 is that the banking group company is an undertaking incorporated in, or formed under the law of any

Powered by Lexis+®

Popular documents