Schedule 11: Central counterparties Part 5 – Special resolution action Stay on terminating membership
Paragraph 101 provides that, where the Bank has made a resolution instrument, a member of the CCP may not terminate their membership during the period that the resolution instrument is in force.
	Sub-paragraph (4) clarifies that a resolution instrument in relation to a CCP may provide for this power not to apply in relation to member of the CCP, or only apply to extent that is specified by the Bank, if the Bank considers that would advance one or more special resolution objectives (sub-paragraph (5)).