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Article 31 (outflows from credit and liquidity facilities)
This section has no associated Explanatory Memorandum
245. In Article 31 (outflows from credit and liquidity facilities)—
(a)omit paragraph 7;
(b)in paragraph 9—
(i)in the first sub-paragraph, for “the central or regional government of at least one Member State” substitute “the central or a regional government of the United Kingdom”;
(ii)in the third sub-paragraph, for “public policy objectives of the Union or of that Member State’s central or regional government” substitute “the public policy objectives of the central or a regional government of the United Kingdom”.
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