Schedule 11: Central counterparties Part 5 – Special resolution action Regulation for safeguarding certain financial arrangements
Paragraph 78 sets out that HM Treasury may make regulations in cases where write down instruments may interact with or affect protected arrangements (sub-paragraph (3)). Regulations under this paragraph can restrict the making of instruments, impose conditions on a write-down instrument, require write-down instruments to included specific provisions, provide for a write-down instrument to be void, and specify principles that the Bank must have regard to when making a write-down instrument.
	Regulations can apply to protected arrangements generally, or in specified circumstances or as a specified kind (sub-paragraph 4).
	Regulations made by HM Treasury may include provision for determining what is, or is not to be, treated as a protected arrangement.