Regulation 22 I1

United Kingdom

In Article 21—

(a)

for “The Commission” in each place it occurs substitute “ the Treasury ”;

(b)

in paragraph (1), for “adopt implementing acts” substitute “ by regulations make provision ”;

(c)

in paragraph (2)—

(i)

for “adopted an implementing act” substitute “ made regulations ”;

(ii)

omit from “That implementing act shall be adopted in accordance” to the end;

F1(iii)

omit the final sub-paragraph.

Annotations

F1: Reg. 22(c)(iii) inserted (31.12.2020 immediately before IP completion day) by The Securities Financing Transactions, Securitisation and Miscellaneous Amendments (EU Exit) Regulations 2020 (S.I. 2020/1385), regs. 1(4), 56(3)

I1: Reg. 22 in force at 31.12.2020 on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1