27Arrangements involving several ADIs

#### 27 Arrangements involving several ADIs Aggregated issuing of covered bonds (1) Two or more ADIs may enter into an arrangement with another entity (the aggregating entity) under which the aggregating entity issues bonds, notes or other debentures secured by covered bonds issued by each of the ADIs to the aggregating entity. Other arrangements (2) The regulations may prescribe other arrangements that may be entered into by 2 or more ADIs for the purposes of issuing or dealing with covered bonds.