The Bank Recovery and Resolution Order 2014 No. 3329

Meaning of “resolution company” U.K.

32.  After section 29(1) insert—

Interpretation: “resolution company”

29A.   In this Act “resolution company” means a bridge bank or an asset management vehicle.”.

Commencement Information

I1 Art. 32 in force at 1.1.2015, see art. 1(2)

(1)

Section 29 was amended by section 97(3)(a), section 97(3)(b), and paragraph 12 of Schedule 17 to the Financial Services Act 2012 (c.21).