SCHEDULES

SCHEDULE 2Bail-in stabilisation option

PART 1Amendments of Banking Act 2009

Other amendments of the Act

I116

In section 44 (reverse property transfer)—

a

in subsection (2), after “more” insert “ bridge bank ”;

b

in subsection (3), after “more” insert “ bridge bank ”;

c

in subsection (4), for “A reverse” substitute “ A bridge bank reverse ”;

d

in subsection (4A)—

i

after “make a” insert “ bridge bank ”, and

ii

in paragraph (b), for “the reverse” substitute “ the bridge bank reverse ”;

e

in subsection (5), for “a reverse” substitute “ a bridge bank reverse ”;

f

in subsection (6), for “a reverse” substitute “ a bridge bank reverse ”;

g

in subsection (7), for “a reverse” substitute “ a bridge bank reverse ”;

h

in the heading, for “Reverse” substitute “ Bridge bank: reverse ”.