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Paragraph 54 Approval of authorised agreements by the members of a UK group entity

Original text. Later amendments are not shown.

(1)

Article 97 (interpretation of Chapter 3 of Part 7) is amended as follows.

(2)

In the definition of “authorised agreement”—

(a)

for “, FCA or other competent authority” substitute “or FCA”; and

(b)

for “by the competent authority” substitute “by the PRA or FCA”.