Paragraph 2 I1

(1)

Article 3(1) (definitions) is amended as follows.

(2)

In point (6) (administrator)—

(a)

after “means” insert—

(a)

, and

(b)

at the end insert

, or
(b)
in the case of an Article 23A benchmark, a natural or legal person that would have control over the provision of the benchmark but for Article 23D;

(3)

After point (25) insert—

(25A)
‘Article 23A benchmark’ has the meaning given in Article 23A(14);

(4)

After point (36) insert—

(37)
‘working day’ means a day other than—
(a)
Saturday or Sunday,
(b)
Christmas Day or Good Friday, or
(c)
a day which is a bank holiday under the Banking and Financial Dealings Act 1971 in England and Wales.

Annotations

Commencement

I1: Sch. 5 para. 2 in force at 1.7.2021 by S.I. 2021/739, reg. 3(n)