Schedule 11: Central counterparties Part 5 – Special resolution action Suspension of termination rights
Paragraph 99 provides that the Bank may suspend the termination right of any party to a qualifying contract, providing that the obligations under the contract are still being met by the CCP in question, or the conditions in sub-paragraph (3) are met.
	Sub-paragraph (4) sets out that the Bank must have regard to the impact of this on the functioning of financial markets, and sub-paragraph (5) sets out that the power must be exercised by way of provision within the instruments listed.
	Sub-paragraphs (7), (8) and (9) outline when a person may, or may not exercise their termination right.