Regulation 53 I1

United Kingdom

In Article 2—

(a)

in paragraph 1, for “Union”, substitute “ United Kingdom ”;

(b)

in paragraph 2—

(i)

in point (c), for “point 1.3 of Part 1 of Annex VI to Directive 2006/48/EC”, substitute “ Article 114 and Article 137 of Regulation (EU) No 575/2013 ”;

(ii)

in point (d), for “the central banks”, substitute “ central banks ”;

(iii)

in point (d)(iv), for “respective central banks' Member States”, substitute “ United Kingdom Government ”;

(c)

in paragraph 4—

(i)

for “the Commission”, in each place it occurs, substitute “ the Treasury ”;

(ii)

omit, “upon submission of a request by a Member State, in accordance with the regulatory procedure referred to in Article 38(3) and”.

Annotations

Commencement

I1: Reg. 53 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)

Notes on the whole SI

Textual amendments

F1: Regulations revoked (1.1.2024 for the revocation of reg. 3(3)) by Financial Services and Markets Act 2023 (c. 29), s. 86(3), Sch. 1 Pt. 2 (with s. 1(4)); S.I. 2023/779, reg. 5(c)(iii)