[(1) The total amount of special resolution regime payments required to be made in respect of a person (“the institution”) may not exceed—
(a) notional net expenditure (see subsection (3)), minus
(b) actual net expenditure (see subsection (4)).
(2) A “special resolution regime payment” is—
(a) a payment under section 214B(2); or
(b) a payment required to be made by the scheme manager by virtue of section 61 of the Banking Act 2009 (special resolution regime: compensation).
(3) Notional net expenditure is—
(a) the total amount of expenses that would have been incurred under the compensation scheme in respect of the institution
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