CHAPTER IIU.K. RESTRICTIONS ON FINANCING OF CERTAIN ENTERPRISES

Article 15U.K.

1.The prohibitions set out in points (a) and (c) of Article 14:

(i)

shall be without prejudice to the execution of an obligation arising from contracts or agreements concluded before 23 September 2011;

(ii)

shall not prevent the extension of a participation, if such extension is an obligation under an agreement concluded before 23 September 2011.

2.The prohibitions set out in points (b) and (d) of Article 14:

(i)

shall be without prejudice to the execution of an obligation arising from contracts or agreements concluded before 1 December 2011;

(ii)

shall not prevent the extension of a participation, if such extension is an obligation under an agreement concluded before 1 December 2011.