OpenLegislation

Paragraph 8 I1

In section 83A (modifications of Part 1 as it applies to banks not regulated by the Prudential Regulation Authority), in the table in subsection (2) insert the following entries at the appropriate places—

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Section 8ASubsection (3)(a) does not apply unless the bank has as a member of its immediate group a PRA-authorised person.”

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“Section 41ASubsection (4)(a) does not apply unless the bank has as a member of its immediate group a PRA-authorised person.”

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“Section 44ASubsection (6)(a) does not apply unless the bank has as a member of its immediate group a PRA-authorised person.”

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“Section 48HSubsection (5)(a) does not apply unless the bank has as a member of its immediate group a PRA-authorised person.
Section 48USubsection (4)(a) does not apply unless the bank has as a member of its immediate group a PRA-authorised person.
Section 48VSubsection (6)(a) does not apply unless the bank has as a member of its immediate group a PRA-authorised person.
Section 48WSubsection (9)(a) does not apply unless the bank has as a member of its immediate group a PRA-authorised person.”

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“Section 81BASubsection (5)(b) does not apply unless the bank has as a member of its immediate group a PRA-authorised person.

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Annotations

Commencement

I1

Sch. 2 para. 8 in force at 31.12.2014 by S.I. 2014/3160, art. 2(1)(b)