Paragraph 13 I1

(1)

Section 7A (effect on other group members, financial stability in EU etc) is amended as follows.

(2)

In the heading, for “EU” substitute “ UK ”.

(3)

In subsection (1)—

(a)

in paragraph (b) for “EEA” substitute “ United Kingdom ”;

(b)

in paragraph (c) for “European Union or of the EEA states” substitute “ United Kingdom ”.

(4)

In subsection (2)—

(a)

in paragraph (b) for the words from “European” to “operating)” substitute “ United Kingdom ”;

(b)

in paragraph (c)—

(i)

for “third countries” in the first place it appears substitute “ countries other than the United Kingdom ”;

(ii)

omit “third” in the second place it appears.

Annotations

I1: Sch. 1 para. 13 in force at 31.12.2020 on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(2)