Paragraph 4 Insolvency regulationsF1
Section 235 of the Banking Act 2009 (regulations: procedure) applies as if—
(a)
references to investment bank insolvency regulations were to payment institution insolvency regulations; and
(b)
subsections (4), (5) and (6) were omitted.
Annotations
Textual amendments
- F1
Sch. 3A inserted (8.12.2020) by The Payment Services and Electronic Money (Amendment) Regulations 2020 (S.I. 2020/1275), regs. 1(2), 7
Notes on the whole SI
Textual amendments
- F1
Regulations revoked (14.12.2023 for the revocation of reg. 158) by Financial Services and Markets Act 2023 (c. 29), s. 86(3), Sch. 1 Pt. 2 (with s. 1(4)); S.I. 2023/1382, reg. 2(c)(xix)