[84D [Transfer to a bridge bank or] bail-in option: modifications of this Act and other legislation]
Banking Act 2009 (2009 c 1) | Legislation

[84D  [Transfer to a bridge bank or] bail-in option: modifications of this Act and other legislation]

[(A1)     Where a share transfer instrument makes provision under section 84ZA(2) with respect to a building society, the second stabilisation option is to be exercised by making (in that or a subsequent share transfer instrument) provision under section 12(2)(a)—

(a)     with respect to the successor company, or

(b)     where provision made under section 84ZA includes provision under subsection (3)(g) of that section, with respect to the successor company or its specified parent undertaking.]

[(1)     Where a resolution instrument makes provision under section 84A(5) with respect to a building society, the exercise of the fourth stabilisation option involves the making (in that or a subsequent resolution instrument) of provision or proposals of any kind mentioned in section 12A(3) to (6)—

(a)     with respect to the successor company, or

(b)     where provision made under section 84A includes provision under subsection (8) of that section, with respect to the successor company or its specified parent undertaking.

(2)     For the purpose of the making of [provision as mentioned in subsection (A1)(a) or (b) or] provision or proposals as mentioned in subsection (1)(a) or (b)—

(a)     the Table

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