17 Bail-in stabilisation option
Financial Services (Banking Reform) Act 2013 (2013 c 33) | Legislation

Part 3 Bail-in Stabilisation Option

17  Bail-in stabilisation option

(1)     Schedule 2 (which contains amendments relating to a new stabilisation option in Part 1 of the Banking Act 2009) has effect.

(2)     The Treasury may by order make any provision they consider appropriate in consequence of the application to building societies of the amendments made by this Part.

(3)     An order may, in particular—

(a)     enable the Bank of England, for the purpose of enabling it to exercise in relation to the business of a building society any of the powers exercisable as

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