OpenLegislation

Paragraph 81 Minimum requirement for own funds and eligible liabilities: other provisions

Original text. Later amendments are not shown.

(1)

Article 147 (waiver of application of Chapter 4 or 5) is amended as follows.

(2)

In the heading omit “or 5”.

(3)

In paragraph (2)—

(a)

in the opening words—

(i)

omit “or 5”;

(ii)

for “an EEA parent institution which is a UK institution” substitute “a UK parent institution”;

(b)

in sub-paragraph (a) omit “or 3”.

(4)

In paragraph (3)—

(a)

in the opening words—

(i)

omit “or 5”;

(ii)

for “UK institution” substitute “group institution”;

(b)

in sub-paragraph (b) for “Article 111 of the capital requirements directive” substitute “Part 6 of the Capital Requirements Regulations 2013”;

(c)

in sub-paragraph (c)—

(i)

for “EEA parent institution” substitute “UK parent institution”;

(ii)

omit “or 3”.