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Paragraph 63 I1

(1)

Article 111 (procedure for early intervention in respect of a UK group entity) is amended as follows.

(2)

In paragraph (2) omit the words from “, the relevant” to the end.

(3)

Omit paragraph (3).

(4)

In paragraph (4) for “recipients of a notice given under paragraph (2)” substitute “ Bank ”.

(5)

In paragraph (6) for “EEA” substitute “ UK ”.

Annotations

Commencement

I1

Sch. 3 para. 63 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)