SCHEDULES
SCHEDULE 7Financial market infrastructure transfer schemes
Application of Schedule to transfers to subsidiaries
I110
Where a proposed transfer falling within subsection (5) of section 115 is a transfer of the kind mentioned in subsection (6)(a) of that section, this Schedule has effect in relation to the transfer as if—
a
paragraph 4(1)(a) were omitted, and
b
in paragraph 4(6), for the words from “both” onwards there were substituted “
the old company has consented may be made
”
.