http://www.legislation.gov.uk/uksi/2014/3344/introductionThe Building Societies (Bail-in) Order 2014enFINANCIAL SERVICES AND MARKETSBUILDING SOCIETIESStatute Law Database2024-09-11Expert Participation2023-12-14 This Order modifies Part 1 of the Banking Act 2009 (c.1) (special resolution regime) in consequence of the application to building societies of the bail-in stabilisation option introduced by the Financial Services (Banking Reform) Act 2013 (c.33) (see in particular sections 12A and 48B to 48W of the Banking Act 2009). Part 1 of the Banking Act 2009 was amended by the Bank Recovery and Resolution Order 2014 (S.I. 2014/3329) which transposes in part Directive 2014/59/EU of the European Parliament and of the Council of 15th May 2014 establishing a framework for the recovery and resolution of credit institutions and investment firms (OJ No. L 173 (12.6.2014), p.190). This Order also implements in part that Directive. A transposition note setting out how that Directive is transposed into UK law is available from Her Majesty’s Treasury, 1 Horse Guards Road, London SW1A 2HQ or on www.gov.uk. 2014 No. 3344Financial Services And MarketsBuilding SocietiesThe Building Societies (Bail-in) Order 2014Made18th December 2014Laid before Parliament19th December 2014Coming into force10th January 2015

The Treasury are designated for the purposes of section 2(2) of the European Communities Act 1972 in relation to financial services.

The Treasury, in exercise of the powers conferred by section 2(2) of the European Communities Act 1972 and sections 17(2) to (4) and 142(3) of the Financial Services (Banking Reform) Act 2013, make the following Order: S.I. 2012/1759. 1972 c.68; section 2(2) was amended by section 27 of the Legislative and Regulatory Reform Act 2006 (c.51) and by section 3 of, and the Schedule to, the European Union (Amendment) Act 2008 (c.7). By virtue of the amendment of section 1(2) by section 1 of the European Economic Area Act 1993 (c.51), regulations may be made under s. 2(2) of the European Communities Act 1972 to implement obligations of the United Kingdom created or arising by or under the Agreement on the European Economic Area signed at Oporto on 2nd May 1992 (Cm 2073) and the Protocol adjusting the Agreement signed in Brussels on 17th March 1993 (Cm 2183). 2013 c.33. Order: power to modify conferred (11.7.2023) by Financial Services and Markets Act 2023 (c. 29), ss. 3, 86(3), Sch. 1 Pt. 2; S.I. 2023/779, reg. 2(d)Order revoked (14.12.2023 for the revocation of art. 7) by Financial Services and Markets Act 2023 (c. 29), ss. 1(1), 86(3), Sch. 1 Pt. 2 (with s. 1(4)); S.I. 2023/1382, reg. 2(c)(ix)