Paragraph 12
In paragraph 53(4)—
(a)
in paragraph (a), for “relevant UK banking sub-group” substitute “ UK sub-group ”,
(b)
for paragraph (b) substitute—
“(b)is a chargeable UK resident entity which is a banking entity (see paragraph 15C(2)),”,
(c)
omit paragraph (c), and
(d)
in paragraph (d), for “covered by paragraph 19(17)” substitute “ which is a member of the relevant group ”.