Glossary
Looking for the right term then try the glossary:
| Term | Definition | Legal instruments |
|---|---|---|
|
excluded liability 31/12/2020 |
THIS DEFINITION ONLY APPLIES TO THE CONTRACTUAL RECOGNITION OF BAIL-IN PART
means any liability listed in section 48B(8) of the Banking Act 2009 except, in respect of liabilities created after 31 July 2016, a liability shall not be regarded as secured for the purposes of section 48(B)(8)(b) of the Banking Act 2009 if, at the time at which it is created, it is not a fully secured liability. |
Instruments |