Paragraph 24
In paragraph 13 (definition of “banking group”: exempt activities condition)—
(a)
in sub-paragraph (2)(b)(i), for “the applicable accounting standards” substitute “ international accounting standards ”,
(b)
in sub-paragraph (4), omit the definition of “the applicable accounting standards”, and
(c)
in sub-paragraph (4), in the definition of “net-basis activities”, for “the applicable accounting standards” substitute “ international accounting standards ”.