liquidity facility
22(for the purposes of BIPRU 9 (Securitisation), in relation to a securitisation (within the meaning of paragraph (2) of the definition of securitisation) 79the securitisation position arising from a contractual agreement to provide funding to ensure timeliness of cash-flows to investors.[Note: Part 1 of Annex IX of the Banking Consolidation Directive (Securitisation definitions)]79