Overview of Part 14
1
Section 1 (overview)4 is amended as follows.
2
In subsection (2)(a) for “four” substitute “five”.
3
In subsection (3)—
a
for “four” substitute “five”, and
b
after paragraph (b) insert—
ba
transfer to an asset management vehicle (section 12ZA),
4
In subsection (4)—
a
for “four” substitute “five”,
b
after paragraph (b) insert—
c
the third country instrument powers (sections 89H to 89J).
5
In the Table in subsection (6), at the appropriate places insert—
Sections 3A and 3B
Pre-resolution powers
Sections 6A to 6D
Mandatory write-down, conversion etc of capital instruments
Section 6E
Valuation before mandatory write-down or stabilisation action
Sections 48B to 48W
Bail-in option
Sections 48X and 48Y
Replacement of provisional valuation
Section 48Z
Termination rights etc
Section 62A
Independent valuer
Sections 62B to 62E
Resolution administrator
Sections 83ZA to 83Z2
Information and enforcement
Sections 89H to 89J
Third-country resolution actions