The Bank Recovery and Resolution and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018 No. 1394

SCHEDULE 3 Amendments of the Bank Recovery and Resolution (No.2) Order 2014

Modified application of company law to banks etc in resolution

111.—(1) Article 220 (modified application of the Companies Act 2006 (disapplication of other directives) is amended as follows.

(2) In the heading for “directives” substitute “requirements”.

(3) Omit paragraphs (1) to (3).

(4) In paragraph (4) omit “For the purposes of this article” and “and with any other necessary modification”.

(5) In paragraph (5) omit “For the second purpose”.

(6) Omit paragraph (6).