9. In section 6B (mandatory write-down, conversion, etc of capital instruments), in subsection (9), for the words from “, pursuant” to the end substitute—U.K.
“(a)pursuant to this section as it applies in relation to a banking group company by virtue of section 81AA, or
(b)in the course of applying the bail-in option provided for by section 12A or section 81BA.”.
Commencement Information
I1Sch. 1 para. 9 in force at 31.12.2020 on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(2)