Regulation 111 Paragraph 9B (ring-fencing transfer schemes)

For paragraph 9B^f1 (ring-fencing transfer schemes) substitute—

“9B.

For the purposes of section 111(2) the appropriate certificates, in relation to a ring-fencing transfer scheme, are—

(a)

a certificate given by the PRA certifying its approval of the application, and

(b)

a certificate under paragraph 9C.”.