Glossary
Looking for the right term then try the glossary:
| Term | Definition | Legal instruments |
|---|---|---|
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extraordinary public financial support 31/12/2020 |
THIS DEFINITION ONLY APPLIES TO THE NOTIFICATIONS PART
The changes to this defined term are effective from 23:00 on 31/12/2020.
means, support of a kind described in section 3(1) of the Banking Act 2009 that is provided in order to preserve or restore the viability, liquidity or solvency of a BRRD undertaking or of a group of which a BRRD undertaking forms part.
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