Member

21: Clause 4, page 3, line 15, at end insert— “(2A) In section 5 (code of practice), at the end of subsection (1) insert “and—(iv) the bank recapitalisation power under section 214E of the Financial Services and Markets Act 2000.””Member’s explanatory statement This amendment requires the Treasury to include the use of the recapitalisation power created in this Bill in the Code of Practice issued in respect of the special resolution regime.