Paragraph 45 Banking Act 2009
The Banking Act 2009 M1 is amended as follows.
In section 14(5)(b) M2 (interpretation: “securities”) for the words from “section 1” to the end of that paragraph substitute “ Title 1 of Part 2 of Regulation (EU) No. 575/2013 of the European Parliament and of the Council. ”
In section 258A(1) M3 (“investment firm”) for “Directive 2006/49/EC on the capital adequacy of investment firms and credit institutions” substitute “ Regulation (EU) No. 575/2013 of the European Parliament and of the Council. ”.
Annotations
Marginal citations
- M1
- M2
Section 14(5) was amended by S.I. 2628/2010.
- M3
Section 258A was inserted by the Financial Services Act 2012.
Notes on the whole SI
Textual amendments
- F1
2000 c. 8. Section 349(2) was amended by section 41 of, and paragraphs 19(1) and (2) of Schedule 12 to, the Financial Services Act 2012 (c. 21); paragraphs 14(1)(b), 17(c), 18 and 22 of Schedule 3 were amended by section 12 of, and paragraphs 1, 3, 7, 8 and 14 of Schedule 4 to, the Financial Services Act 2012; paragraph 14(1)(b) was also amended by S.I. 2003/1473 and S.I. 2003/2066.