{
  "url": "https://openlegislation.uk/financial-services-and-markets-act-2023/section-75",
  "json_url": "https://openlegislation.uk/financial-services-and-markets-act-2023/section-75.json",
  "legislation": "ukpga/2023/29",
  "legislation_title": "Financial Services and Markets Act 2023",
  "legislation_url": "https://openlegislation.uk/financial-services-and-markets-act-2023",
  "path": "section/75",
  "kind": "section",
  "number": "75",
  "heading": "Banking Act 2009: miscellaneous amendments",
  "text": "(1) The Banking Act 2009 is amended as follows.\n(2) In section 7A (effect on other group members, financial stability in UK etc)—\n(a) in subsection (1), for “(4)(b)(ii)” substitute “(4), (4B)(b),”;\n(b) after subsection (1) insert—\n“(1A) Subsection (1) does not apply in relation to a requirement under section 3A(4) for a person to maintain (but not issue) a particular kind of bail-in liability.”\n(3) In section 83ZD (appointment of person to carry out investigations in particular cases), in subsection (3)(a), for “83ZN” substitute “83ZR”.\n(4) In section 89H (recognition of third-country resolution actions), in subsection (7), in the definition of “third-country resolution action”—\n(a) in the words before paragraph (a), for “, third country parent undertaking or a bank, building society, credit union or investment firm” substitute “or third-country parent undertaking”;\n(b) in paragraph (a), omit “or a bank, building society, credit union or investment firm”.\n(5) In section 182 (interpretation: “payment system”)—\n(a) in subsection (1), after “arrangements” insert “, or proposed arrangements,”;\n(b) in subsection (5), after “operates” insert “, or is intended to operate,”.\n(6) In section 244 (immunity), in subsection (2)(c) after “2000,” insert “of its functions under, or as a result of regulations made under, the Financial Services and Markets Act 2023,”.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "I",
      "label": "I1",
      "text": "S. 75 not in force at Royal Assent, see s. 86(3)"
    },
    {
      "type": "I",
      "label": "I2",
      "text": "S. 75 in force at 29.8.2023 by S.I. 2023/779, reg. 4(ww)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2023/29/section/75",
    "retrieved_at": "2026-10-29T08:52:13.792774+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}