Commentary on provisions of Act Section 4: Reimbursement in respect of recapitalisation payments
This section inserts a new section 214H, entitled "Reimbursement in respect of recapitalisation payments", into Part 15 of FSMA 2000 after the new section 214G.
	This new section will set out that the Bank must reimburse the FSCS for any funds it has provided which are not needed to cover the costs set out in 214E(2). This is intended to account for situations where the costs were lower than the Bank expected or where the Bank recovers certain amounts in resolution, such as any funds it recovers through a sale of the institution (in full or part), the institution being wound-up or otherwise.