Paragraph 12

In Article 81—

(a)

in paragraph 1—

(i)

after “recovery procedure” insert “where the institution in the United Kingdom is the applicant party”;

(ii)

for “Member State of the applicant party” in both places it occurs substitute “United Kingdom”;

(iii)

for “that Member State” substitute “the United Kingdom”;

(iv)

after “applicant party” insert “in the United Kingdom”;

(b)

in paragraph 2 in the first subparagraph—

(i)

for “As soon as the requested party” substitute “Where the requested party is in the United Kingdom, as soon as it”;

(ii)

after “requested party” in the second place it occurs insert “in the United Kingdom”;

(iii)

for “its own Member State” substitute “the United Kingdom”;

(c)

in paragraph 2 in the second subparagraph—

(i)

for “Member State” substitute “State”;

(ii)

for “applicant party shall be liable for the” substitute “requested party in the United Kingdom may seek”;

(d)

in paragraph 3—

(i)

for “Member State of the requested party” substitute “United Kingdom”;

(ii)

for “that Member State” substitute “the United Kingdom”;

(e)

in paragraph 4 for “Member State of the applicant party” substitute “United Kingdom”.