Regulation 18 I1

In Article 48—

(a)

in paragraph 2—

(i)

omit “of the requesting CSD” each time it occurs;

(ii)

for “and relevant authorities” substitute “ authority ”;

(b)

in paragraph 5, after “another CSD” insert “ or third-country CSD ”;

(c)

in paragraph 7—

(i)

after “Links between CSDs” insert “ and links between CSDs and third-country CSDs ”;

(ii)

for “relevant and competent authorities” substitute “ competent authority ”;

(d)

in paragraph 9—

(i)

after “between CSDs” insert “ and links between CSDs and third-country CSDs ”;

(ii)

for “Member States”, substitute “ the United Kingdom ”;

(e)

in paragraph 10—

(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.

Annotations

I1: Reg. 18 in force at 31.12.2020 on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(3)