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.
Schedule 11: Central counterparties Part 5 – Special resolution action Regulation for safeguarding certain financial arrangements