Paragraph 8

in paragraph (a), for “an EEA State” substitute “any part of the United Kingdom”;

in paragraph (b), for the words from “Directive 2013/34/EU” to the end substitute “the requirements of this Part of this Act, and”; and

for paragraph (c) substitute—

“(c)

it—

(i)

is an undertaking whose transferable securities are admitted to trading on a UK regulated market,

(ii)

is a credit institution within the meaning given by Article 4(1)(1) of Regulation (EU) No. 575/2013 of the European Parliament and of the Council, which is a CRR firm within the meaning of Article 4(1)(2A) of that Regulation, or

(iii)

would be an insurance undertaking within the meaning given by Article 2(1) of Council Directive 91/674/EEC of the European Parliament and of the Council on the annual accounts of insurance undertakings^f2 were the United Kingdom a member State.”; and

in the descriptive text in brackets after “section 400”, for “EEA” substitute “UK”; and

in the descriptive text in brackets after “section 401”, for “non-EEA” substitute “non-UK”.