Paragraph 5 I1
United Kingdom
In section 113 (interpretation: other expressions), in subsection (1)—
(a)
in the definition of “the relevant system”, after paragraph (b) insert—
- (ba)
“in relation to an infrastructure company falling within subsection (2)(ba) of that section, any system used by the company to facilitate or control wholesale cash distribution,”;
(b)
at the end insert—
““wholesale cash distribution” and “wholesale cash distribution activities” have the meanings given by section 206E of the Banking Act 2009.”
Annotations
Commencement
- I1
Sch. 9 para. 5 in force at 29.8.2023, see s. 86(2)(d)