Paragraph 54 Approval of authorised agreements by the members of a UK group entityI1

(1)

Article 97 (interpretation of Chapter 3 of Part 7) is amended as follows.

(2)

In the definition of “authorised agreement”—

(a)

for “, FCA or other competent authority” substitute “ or FCA ”; and

(b)

for “by the competent authority” substitute “ by the PRA or FCA ”.

Annotations

I1: Sch. 3 para. 54 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)