extraordinary public financial support
Defined in Article 2, Bank Recovery and Resolution Directive (BRRD)
Definitions over time (1)
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20/07/2017 – today applies on 10/11/2026 Article 2, Bank Recovery and Resolution Directive (BRRD) Scope: Whole act
For the purposes of this Directive the following definitions apply:
‘extraordinary public financial support’ means State aid within the meaning of Article 107(1) TFEU, or any other public financial support at supra-national level, which, if provided for at national level, would constitute State aid, that is provided in order to preserve or restore the viability, liquidity or solvency of an institution or entity referred to in point (b), (c) or (d) of Article 1(1) or of a group of which such an institution or entity forms part;
Earlier definition records in this act (1)
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- Article 2(1)(28) Historical · definitions end 20/07/2017
Used in (26 places in 18 provisions on 10/11/2026)
Bank Recovery and Resolution Directive (BRRD) (26 in 18)
Recital 31 · Recital 413 · Recital 45 · Recital 552 · Article 2 · Article 5 · Article 102 · Article 12 · Article 15 · Article 16 · Article 31 · Article 322 · Article 36 · Article 45c4 · Article 56 · Article 59 · Article 74 · Article 103