# The Central Securities Depositories (Amendment) (EU Exit) Regulations 2018, Regulation 14


(1) In Article 26—
(a) in paragraph 7, after “other CSDs” insert “ , third-country CSDs ”;
(b) in paragraph 8—
(i) in the first sub-paragraph, for the words from the beginning to “develop draft” substitute “ The Bank of England may make ”;
(ii) omit the second and third sub-paragraphs.
(2) In Article 27—
(a) in paragraph 5, for “national law” substitute “ law applicable within the United Kingdom or of any part of the United Kingdom ”;
(b) in paragraph 7, in point (b), for “its competent authority” in each place it occurs, substitute “ the competent authority ”.
(3) In Article 28, in paragraph 5, for “competent authorities” substitute “ the competent authority ”.
(4) In Article 29—
(a) in paragraph 2;
(i) omit “and the relevant authorities”;
(ii) for “Union law or national law of its home Member State” substitute “ the law applicable within the United Kingdom or of any part of the United Kingdom ”;
(b) in paragraph 3—
(i) in the first sub-paragraph, for the words from the beginning to “develop draft” substitute “ The Bank of England may make ”;
(ii) omit the second and third sub-paragraphs;
(c) in paragraph 4—
(i) in the first sub-paragraph, for the words from the beginning to “develop draft” substitute “ The Bank of England may make ”;
(ii) omit the second and third sub-paragraphs.
(5) In Article 30—
(a) in paragraph 1—
(i) in point (h), omit “and the relevant authorities”;
(ii) in point (i), for “Union” substitute “ United Kingdom ”;
(b) in paragraph 3, omit “and the relevant authorities”;
(c) in paragraph 5, for “authorities” substitute “ authority ”.
(6) Omit Article 31.

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Source: https://www.legislation.gov.uk/uksi/2018/1320/regulation/14 (the official version)
Page: https://openlegislation.uk/central-securities-depositories-amendment-eu-exit-regulations-2018/regulation-14
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.