Paragraph 44

(1)

Section 101^f1 (protective provisions for specially formed successors) is amended as follows.

(2)

In subsection (4), for “Authority”, in each place, substitute “appropriate authority”.

(3)

After subsection (4), insert—

“(4A)
The PRA must consult the FCA before giving a direction under this section.”.

Annotations

f1: Section 101(4) was amended by S.I. 2001/3649. There are other amending instruments, but none is relevant.