The Bank Recovery and Resolution Order 2016

Type Statutory-Instrument
Publication 2016-12-15
Last updated 2023-12-14
State In force
Department King's Printer of Acts of Parliament
PDF Download
articles Not indexed
Reform history JSON API

[^f00072]: Section 8ZA was inserted by S.I. 2014/3329.

[^f00073]: Section 11A is inserted into the Banking Act 2009 by article 8 of this Order.

[^f00074]: Subsection (1A) was inserted S.I. 2014/3329.

[^f00075]: Section 12ZA was inserted by S.I. 2014/3329.

[^f00076]: Section 12A was inserted by paragraph 2 of the Financial Services (Banking Reform) Act 2013.

[^f00077]: Section 12AA was inserted by S.I. 2014/3329.

[^f00078]: Section 36A was inserted by section 100 of the Financial Services Act 2012 (c.21) and amended by S.I. 2014/3329.

[^f00079]: Section 39A was inserted by section 102 of the Financial Services Act 2012, and amended by S.I. 2013/504.

[^f00080]: Section 41A was inserted by paragraph 5(1) of Schedule 2 to the Financial Services (Banking Reform) Act 2013 (c.33), and amended by S.I. 2014/3329.

[^f00081]: Section 42A was inserted by section 97 of the Financial Services Act 2012 (c.21).

[^f00082]: Section 44A was inserted, together with sections 44B and 44C, by paragraph 5(3) of Schedule 2 to the Financial Services (Banking Reform) Act 2013.

[^f00083]: Section 44BA is inserted by article 12 of this Order.

[^f00084]: Section 44D is inserted, with section 44E, by article 13 of this Order.

[^f00085]: Subsection (1A) was inserted by S.I. 2014/3329.

[^f00086]: Section 48A was inserted by section 21 of the Financial Services Act 2010 (c. 28).

[^f00087]: Sections 48B to 48W were inserted by paragraph 4 of Schedule 2 to the Financial Services (Banking Reform) Act 2013 (c.33).

[^f00088]: Section 48WA is inserted by article 14 of this Order.

[^f00089]: Section 48Z was inserted by S.I. 29014/3329.

[^f00090]: Section 60B was inserted by S.I.2014/3329.

[^f00091]: Section 62A was inserted by S.I. 2014/3329.

[^f00092]: Subsection (1A) is inserted by article 17 of this Order.

[^f00093]: Sections 62B to 62E were inserted by S.I. 2014/3329.

[^f00094]: Subsections (1A) and (4A) were inserted by S.I. 2014/3329.

[^f00095]: Section 64 was amended by S.I. 2014/3329.

[^f00096]: Subsection (1)(a) was amended by S.I. 2014/3329.

[^f00097]: Section 70A was inserted, with sections 70B to 70D by S.I. 2014/3329.

[^f00098]: Section 76 was amended by S.I. 2014/3329.

[^f00099]: Section 77 was amended by S.I. 2014/3329.

[^f00100]: Section 78 was amended by S.I. 2014/3329.

[^f00101]: Section 78A was inserted by S.I. 2014/3329.

[^f00102]: Section 79 was amended by S.I. 2014/3329.

[^f00103]: Section 79A was inserted by section 99 of the Financial Services Act 2012.

[^f00104]: Section 80 was amended by S.I. 2014/3329.

[^f00105]: Section 80A was inserted by paragraph 25 of Schedule 2 to the Financial Services (Banking Reform) Act 2013.

[^f00106]: Section 81A was inserted by section 99 of the Financial services Act 2012 and amended by S.I. 2014/3329.

[^f00107]: Section 81AA was inserted by S.I. 2014/3329.

[^f00108]: Section 83ZA was inserted, with sections 83ZB to 83Z2, by S.I.2014/3329.

[^f00109]: 2000 c. 8.

[^f00110]: Section 55PA was inserted by S.I. 2015/575.

[^f00111]: OJ L173, 12.06.2014, p.84.

[^f00112]: Section 55L was substituted (with sections 55A to 55Z4) for Part IV of the Financial Services and Markets Act 2000 by section 11 of the Financial Services Act 2012.

[^f00113]: Section 258A of the Banking Act 2009 was inserted by section 101 of the Financial Services Act 2012.

[^f00114]: Section 71A was inserted by the Financial Services (Banking Reform) Act 2013 (c. 33), section 33.

[^f00115]: Section 63ZA was inserted, with sections 63ZB and 63ZC, by section 26 of the Financial Services (Banking Reform) Act 2013.

[^f00116]: Section 63A was inserted by section 11 of the Financial Services Act 2010.

[^f00117]: Section 66 was amended by sections 12 and 24 of, and paragraphs 1 and 8 of Schedule 2 to, the Financial Services Act 2010, paragraph 14 of Schedule 5 to the Financial Services Act 2012, sections 28 and 32 of, and paragraph 5 of Schedule 3 to, the Financial Services (Banking Reform) Act 2013 and by S.I. 2013/1773.

[^f00118]: Part 12A was inserted by section 27 of the Financial Services Act 2012.

[^f00119]: Section 258A was inserted by section 101 of the Financial Services Act 2012, and amended by S.I. 2013/3115.

[^f00120]: OJ L173, 1.6.2014, p.190.

[^f00121]: Subsection (1A) was inserted into section 189 by S.I. 2014/3329.

[^f00122]: Subsection (1ZB) was inserted by paragraph 39 of Schedule 2 to the Bank of England and Financial Services Act 2016 (c.14).

[^f00123]: Section 191F was substituted, with sections 178 to 191G, for the original sections 178 to 191 by S.I. 2009/534, and amended by section 26 of the Financial Services Act 2012.

[^f00124]: Subsection (3A) was inserted into section 401 by paragraph 38 of Schedule 9 to the Financial Services Act 2012.

[^f00125]: Section 348(5) was amended by paragraphs 1 and 26 of Schedule 2 to Financial Services Act 2010.

[^f00126]: Section 395(13) has been amended by S.I. 2005/381; 2005/1433; 2009/534; 2007/1973; sections 17, 18, 19 and 24 of, and paragraphs 1 and 34 of Schedule 9 to, the Financial Services Act 2012; paragraph 14 of Schedule 3 to the Financial Services (Banking Reform) Act 2013; S.I. 2013/1388.

[^f00127]: S.I. 2009/322. Article 1 was amended by S.I. 2009/1826; 2013/472; 2013/3115; 2014/1831; 2014/3329.

[^f00128]: Section 89JA is inserted by article 28 of this Order.

[^f00129]: Sections 44D and 44E are inserted by article 13 of this Order.

[^f00130]: Article 5 has been amended by S.I. 2009/1826 and S.I. 2013/472.

[^f00131]: Article 8 has been amended by S.I. 2009/1826 and S.I. 2014/3329.

[^f00132]: Section 44A was inserted by paragraph 5 of Schedule 2 to the Financial Services (Banking Reform) Act 2013 (c.33).

[^f00133]: S.I. 2014/1832.

[^f00134]: Section 258A was inserted by section 101 of the Financial Services Act 2012.

[^f00135]: S.I. 2009/319.

[^f00136]: Regulation 1(3) was amended by S.I. 2014/1830 and 2014/3329.

[^f00137]: Regulation 2 was amended by S.I. 2014/3329.

[^f00138]: Sections 44D and 44E are inserted by article 13 of this Order.

[^f00139]: Regulation 6 was amended by S.I. 2014/3329.

[^f00140]: S.I. 2014/3350.

[^f00141]: Section 89A was inserted by section 101 of the Financial Services Act 2012 (c.21).

[^f00142]: S.I. 2014/3330.

[^f00143]: S.I. 2014/3348.

[^f00144]: Section 71C is inserted into the Financial Services and Markets Act 2000 by article 31 of this Order.

[^f00145]: Section 62B was inserted by S.I. 2014/3329.

[^f00146]: OJ L173, 12.4.2014, p.84.

[^f00147]: OJ L173, 12.6.2014, p.190.

Editorial notes

[^c23169211]: S.I. 2012/1759.

[^c23169221]: 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), an order may be made under section 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).

[^c23169231]: 2015 c.26.

[^c23169241]: 2009 c.1.

[^c23169251]: Section 3 has been amended by section 96 of, and paragraphs 1 and 4 of Schedule 17 to, the Financial Services Act 2012 (c.21); and by S.I. 2014/3329.

[^c23169261]: Section 3A was inserted by S.I. 2014/3329.

[^c23169271]: 1986 c 53.

[^c23169281]: Section 6A was inserted by S.I. 2014/3329.

[^c23169291]: Subsection (5C) was substituted, with subsections (1) to (5H), by S.I. 2014/3329.

[^c23169301]: OJ L 173, p. 1.

[^c23169311]: Section 26 was amended by paragraphs 1 and 14 of Schedule 17 to the Financial Services Act 2012 (c.21), and by S.I. 2014/3329.

[^c23169321]: Section 26A was inserted by section 97 of the Financial Services Act 2012 (c.21)..

[^c23169331]: Section 44B was inserted by paragraph 5 to Schedule 2 to the Financial Services (Banking Reform) Act 2013 (c.24), and amended by S.I. 2014/3329.

[^c23169341]: Section 48B was inserted by paragraph 4 of Schedule 2 to the Financial Services (Banking Reform) Act 2013 and amended by S.I. 2014/3329.

[^c23169351]: Section 12ZA was inserted by S.I. 2014/3329.

[^c23169361]: Section 41A was inserted by paragraphs 1 and 5 of Schedule 2 to the Financial Services (Banking Reform) Act 2013.

[^c23169371]: Section 44D is inserted by article 13 of this Order.

[^c23169381]: Section 48L was inserted, with sections 48B to 48W, by paragraph 4 of Schedule 2 to the Financial Services (Banking Reform) Act 2013.

[^c23169391]: Section 6E was inserted by S.I. 2014/3329.

[^c23169401]: Section 48X was inserted, with section 48Y by S.I. 2014/3329.

[^c23169411]: Section 44C was inserted by paragraphs 1 and 5 of Schedule 2 to the Financial Services (Banking Reform) Act 2013.

[^c23169421]: Section 48A was inserted by section 21 of the Financial Services Act 2010 (c.28), and amended by section 97 of the Financial Services Act 2012, and paragraph 1 and 5 of Schedule 2 to the Financial Services (Banking Reform) Act 2013.

[^c23169431]: Section 48Z was inserted by S.I. 2014/3329.

[^c23169441]: Section 71C is inserted into the Financial Services and Markets Act 2000 (c.8) by article 31 of this Order.

[^c23169451]: Section 53(1) has been amended by section 97 of the Financial Services Act 2012 (c.21), paragraphs 1 and 6 of Schedule 2 to the Financial Services (Banking Reform) Act 2013 and S.I. 2014/3329.

[^c23169461]: Section 62A was inserted by S.I. 2014/3329.

[^c23169471]: Section 81AA was inserted by S.I. 2014/3329.

[^c23169481]: Section 84 was amended by section 21 of the Financial Services Act 2010, S.I. 2014/3329 and S.I. 2014/3344.

[^c23169491]: Section 84B was inserted, with sections 84A to 84D, by S.I. 2014/3344.

[^c23169501]: Section 12AA was inserted by S.I. 2014/3329.

[^c23169511]: Section 20 was amended by the Financial Services Act 2012 (c. 21), section 100, and by S.I., 2014/3329.

[^c23169521]: Subsection (1A) was inserted by the Financial Services Act 2012, section 100.

[^c23169531]: Section 24 was amended by the Financial Services Act 2012, Schedule 17, paragraph 13, and by S.I. 2014/3329.

[^c23169541]: Section 26 was amended by the Financial Services Act 2012, Schedule 17, paragraph 14 and by S.I. 2014/3329.

[^c23169551]: Section 26ZA is inserted by article 9 of this Order.

[^c23169561]: Section 30 was amended by the Financial Services Act 2012, Schedule 17, paragraph 18 and by S.I. 2014/3329.

[^c23169571]: Section 31 was amended by the Financial Services Act 2012, section 97 and Schedule 17, paragraph 19 and by S.I. 2014/3329.

[^c23169581]: Section 44D is inserted by article 13 of this Order.

[^c23169591]: Section 52 was amended by the Financial Services (Banking Reform) Act 2013 (c.33), Schedule 2, paragraph 6, and by S.I. 2014/3329.

[^c23169601]: Section 78 was amended by S.I. 2014/3329.

[^c23169611]: Section 79 was amended by S.I. 2014/3329,

[^c23169621]: Section 80 was amended by S.I. 2014/3329.

[^c23169631]: Section 12ZA was inserted by S.I. 2014/3329.

[^c23169641]: Section 89A was inserted by section 101 of the Financial Services Act 2012 (c.21) and amended by S.I. 2014/3329.

[^c23169651]: Section 89B was inserted by section 102 of the Financial Services Act 2012 and amended by paragraph 9 of schedule 2 to the Financial Services (Banking Reform) Act 2013 (c.33), S.I. 2013/504 and S.I. 2014/3329.

[^c23169661]: Subsection (1ZA) was inserted into section 89B by S.I. 2014/3329.

[^c23169671]: Section 89L was inserted by S.I. 2014/3329.

[^c23169681]: Section 89ZB was inserted by S.I. 2014/3329.

[^c23169691]: Section 12ZA was inserted by S.I. 2014/3329.

[^c23169701]: Section 176A was inserted into the Insolvency Act 1986 (c.45) by section 252 of the Enterprise Act 2002 (c.40) and amended by S.I. 2008/948.

[^c23169711]: Section 84ZA is inserted by article 20 of this Order.

[^c23169721]: Section 859A was inserted, with sections 859B to 859Q by S.I. 2013/600.

[^c23169731]: S.I. 2013/600.

[^c23169741]: Section 89J was inserted by S.I. 2014/3329, with sections 89H to 89M.

[^c23169751]: Section 75(5) was amended by section 101 of the Financial Services Act 2012 and S.I. 2013/504.

[^c23169761]: Section 421ZA was inserted by section 48(2) of the Financial Services Act 2012 (c. 21).

[^c23169771]: 2000 c.8.

[^c23169781]: S.I. 2001/544. Article 5(2) was amended by S.I. 2002/682.

[^c23169791]: Section 6E was inserted by S.I. 2014/3329.

[^c23169801]: Section 62A was inserted by S.I. 2014/3329.

[^c23169811]: OJ L173, 12.6.2014, p.190.

[^c23169821]: 2000 c.8. Sections 55A to 55Z4 were inserted by section 11 of the Financial Services Act 2012 (c.21).

[^c23169831]: Section 89H was inserted, with sections 89I to 89M by S.I. 2014/3329.

[^c23169841]: Section 7A was inserted by S.I. 2014/3329.

[^c23169851]: Section 44B was inserted, with sections 44A and 44C, by paragraph 5 of Schedule 2 to the Financial Services (Banking Reform) Act 2013 (c.33).

[^c23169861]: Section 12ZA was inserted by S.I. 2014/3329.

[^c23169871]: Section 48B was inserted by paragraph 4 of Schedule 2 to the Financial Services (Banking Reform) Act 2013.

[^c23169881]: OJ L176, 27.6.2013, p.338.

[^c23169891]: OJ L 173, 12.6.2014, p.149.

[^c23169901]: Section 48X was inserted, with section 48Y, by S.I. 2014/3329.

[^c23169911]: Sections 6A to 6E were inserted by S.I. 2014/3329.

[^c23169921]: Section 8ZA was inserted by S.I. 2014/3329.

[^c23169931]: Section 11A is inserted into the Banking Act 2009 by article 8 of this Order.

[^c23169941]: Subsection (1A) was inserted S.I. 2014/3329.

[^c23169951]: Section 12ZA was inserted by S.I. 2014/3329.

[^c23169961]: Section 12A was inserted by paragraph 2 of the Financial Services (Banking Reform) Act 2013.

[^c23169971]: Section 12AA was inserted by S.I. 2014/3329.

[^c23169981]: Section 36A was inserted by section 100 of the Financial Services Act 2012 (c.21) and amended by S.I. 2014/3329.

[^c23169991]: Section 39A was inserted by section 102 of the Financial Services Act 2012, and amended by S.I. 2013/504.

[^c23170001]: Section 41A was inserted by paragraph 5(1) of Schedule 2 to the Financial Services (Banking Reform) Act 2013 (c.33), and amended by S.I. 2014/3329.

[^c23170011]: Section 42A was inserted by section 97 of the Financial Services Act 2012 (c.21).

[^c23170021]: Section 44A was inserted, together with sections 44B and 44C, by paragraph 5(3) of Schedule 2 to the Financial Services (Banking Reform) Act 2013.

[^c23170031]: Section 44BA is inserted by article 12 of this Order.

[^c23170041]: Section 44D is inserted, with section 44E, by article 13 of this Order.

[^c23170051]: Subsection (1A) was inserted by S.I. 2014/3329.

[^c23170061]: Section 48A was inserted by section 21 of the Financial Services Act 2010 (c. 28).

[^c23170071]: Sections 48B to 48W were inserted by paragraph 4 of Schedule 2 to the Financial Services (Banking Reform) Act 2013 (c.33).

[^c23170081]: Section 48WA is inserted by article 14 of this Order.

[^c23170091]: Section 48Z was inserted by S.I. 29014/3329.

[^c23170101]: Section 60B was inserted by S.I.2014/3329.

[^c23170111]: Section 62A was inserted by S.I. 2014/3329.

[^c23170121]: Subsection (1A) is inserted by article 17 of this Order.

[^c23170131]: Sections 62B to 62E were inserted by S.I. 2014/3329.

[^c23170141]: Subsections (1A) and (4A) were inserted by S.I. 2014/3329.

[^c23170151]: Section 64 was amended by S.I. 2014/3329.

[^c23170161]: Subsection (1)(a) was amended by S.I. 2014/3329.

[^c23170171]: Section 70A was inserted, with sections 70B to 70D by S.I. 2014/3329.

[^c23170181]: Section 76 was amended by S.I. 2014/3329.

[^c23170191]: Section 77 was amended by S.I. 2014/3329.

[^c23170201]: Section 78 was amended by S.I. 2014/3329.

[^c23170211]: Section 78A was inserted by S.I. 2014/3329.

[^c23170221]: Section 79 was amended by S.I. 2014/3329.

[^c23170231]: Section 79A was inserted by section 99 of the Financial Services Act 2012.

[^c23170241]: Section 80 was amended by S.I. 2014/3329.

[^c23170251]: Section 80A was inserted by paragraph 25 of Schedule 2 to the Financial Services (Banking Reform) Act 2013.

[^c23170261]: Section 81A was inserted by section 99 of the Financial services Act 2012 and amended by S.I. 2014/3329.

[^c23170271]: Section 81AA was inserted by S.I. 2014/3329.

[^c23170281]: Section 83ZA was inserted, with sections 83ZB to 83Z2, by S.I.2014/3329.

[^c23170291]: 2000 c. 8.

[^c23170301]: Section 55PA was inserted by S.I. 2015/575.

[^c23170311]: OJ L173, 12.06.2014, p.84.

[^c23170321]: Section 55L was substituted (with sections 55A to 55Z4) for Part IV of the Financial Services and Markets Act 2000 by section 11 of the Financial Services Act 2012.

[^c23170331]: Section 258A of the Banking Act 2009 was inserted by section 101 of the Financial Services Act 2012.

[^c23170341]: Section 71A was inserted by the Financial Services (Banking Reform) Act 2013 (c. 33), section 33.

[^c23170351]: Section 63ZA was inserted, with sections 63ZB and 63ZC, by section 26 of the Financial Services (Banking Reform) Act 2013.

[^c23170361]: Section 63A was inserted by section 11 of the Financial Services Act 2010.

[^c23170371]: Section 66 was amended by sections 12 and 24 of, and paragraphs 1 and 8 of Schedule 2 to, the Financial Services Act 2010, paragraph 14 of Schedule 5 to the Financial Services Act 2012, sections 28 and 32 of, and paragraph 5 of Schedule 3 to, the Financial Services (Banking Reform) Act 2013 and by S.I. 2013/1773.

[^c23170381]: Part 12A was inserted by section 27 of the Financial Services Act 2012.

[^c23170391]: Section 258A was inserted by section 101 of the Financial Services Act 2012, and amended by S.I. 2013/3115.

[^c23170401]: OJ L173, 1.6.2014, p.190.

[^c23170411]: Subsection (1A) was inserted into section 189 by S.I. 2014/3329.

[^c23170421]: Subsection (1ZB) was inserted by paragraph 39 of Schedule 2 to the Bank of England and Financial Services Act 2016 (c.14).

[^c23170431]: Section 191F was substituted, with sections 178 to 191G, for the original sections 178 to 191 by S.I. 2009/534, and amended by section 26 of the Financial Services Act 2012.

[^c23170441]: Subsection (3A) was inserted into section 401 by paragraph 38 of Schedule 9 to the Financial Services Act 2012.

[^c23170451]: Section 348(5) was amended by paragraphs 1 and 26 of Schedule 2 to Financial Services Act 2010.

[^c23170461]: Section 395(13) has been amended by S.I. 2005/381; 2005/1433; 2009/534; 2007/1973; sections 17, 18, 19 and 24 of, and paragraphs 1 and 34 of Schedule 9 to, the Financial Services Act 2012; paragraph 14 of Schedule 3 to the Financial Services (Banking Reform) Act 2013; S.I. 2013/1388.

[^c23170471]: S.I. 2009/322. Article 1 was amended by S.I. 2009/1826; 2013/472; 2013/3115; 2014/1831; 2014/3329.

[^c23170481]: Section 89JA is inserted by article 28 of this Order.

[^c23170491]: Sections 44D and 44E are inserted by article 13 of this Order.

[^c23170501]: Article 5 has been amended by S.I. 2009/1826 and S.I. 2013/472.

[^c23170511]: Article 8 has been amended by S.I. 2009/1826 and S.I. 2014/3329.

[^c23170521]: Section 44A was inserted by paragraph 5 of Schedule 2 to the Financial Services (Banking Reform) Act 2013 (c.33).

[^c23170531]: S.I. 2014/1832.

[^c23170541]: Section 258A was inserted by section 101 of the Financial Services Act 2012.

[^c23170551]: S.I. 2009/319.

[^c23170561]: Regulation 1(3) was amended by S.I. 2014/1830 and 2014/3329.

[^c23170571]: Regulation 2 was amended by S.I. 2014/3329.

[^c23170581]: Sections 44D and 44E are inserted by article 13 of this Order.

[^c23170591]: Regulation 6 was amended by S.I. 2014/3329.

[^c23170601]: S.I. 2014/3350.

[^c23170611]: Section 89A was inserted by section 101 of the Financial Services Act 2012 (c.21).

[^c23170621]: S.I. 2014/3330.

[^c23170631]: S.I. 2014/3348.

[^c23170641]: Section 71C is inserted into the Financial Services and Markets Act 2000 by article 31 of this Order.

[^c23170651]: Section 62B was inserted by S.I. 2014/3329.

[^c23170661]: OJ L173, 12.4.2014, p.84.

[^key-f760b29f797a3664cc6f6528fd684d6f]: 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)

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