# The Central Securities Depositories (Amendment) (EU Exit) Regulations 2018, Regulation 10: Securities settlement


In Article 9—
(a) in paragraph 1—
(i) in the first sub-paragraph, for “competent authorities of their place of establishment” substitute “competent authority”;
(ii) omit the second sub-paragraph;
(b) in paragraph 2—
(i) in the first sub-paragraph, for the words from the beginning to “develop draft” substitute “The Bank of England may make”;
(ii) omit the second sub-paragraph;
(c) in paragraph 3—
(i) for “ESMA shall develop draft” substitute “The Bank of England may make”;
(ii) omit the second and third sub-paragraphs.

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Source: https://www.legislation.gov.uk/ukdsi/2018/9780111174050/regulation/10 (the official version)
Page: https://openlegislation.uk/draft-central-securities-depositories-amendment-eu-exit-regulations-2018/regulation-10
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.