The Bank Recovery and Resolution Order 2014

Building societies

This section has no associated Explanatory Memorandum

100.—(1) In section 84 (application of Part 1: general), in the Table omit the entry for section 11.

(2) Section 85 (temporary public ownership) is amended as follows.

(3) In subsection (1) for “fourth” substitute “fifth”.

(4) In subsection (8)—

(a)omit “22”,

(b)after “25” insert “, 48Z”, and

(c)for “72 and 73” substitute “73 and 83Z2”.