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Regulation 90 Modification of Part for banks not regulated by the PRA

Original text. Later amendments are not shown.

In the application of this Part to an FCA-regulated bank the following modifications apply—

(a)

in regulation 83(2)—

(i)

in paragraph (a) treat the reference to PRA as reference to the FCA;

(ii)

in paragraphs (b) and (c) the reference to the PRA does not apply unless the bank has as a member of its immediate group a PRA-authorised person;

(b)

in regulation 88—

(i)

in paragraph (2)(a) treat the reference to PRA as reference to the FCA;

(ii)

in paragraphs (3)(a) and (4)(a) the reference to the PRA does not apply unless the bank has as a member of its immediate group a PRA-authorised person.