The Capital Requirements (Amendment) Regulations 2012

Regulation 15

SCHEDULE 1Consequential amendments to primary legislation

This Atodlen has no associated Memorandwm Esboniadol

Building Societies Act 1986

1.  In section 119(2B) of the Building Societies Act 1986(1) (meaning of “the Banking Consolidation Directive”), for “by Directive 2009/111/EC” substitute “on 24th November 2010 by Directives 2010/76/EU and 2010/78/EU”.

Financial Services and Markets Act 2000

2.  In Part 1 of Schedule 3 to the Financial Services and Markets Act 2000(2) (defined terms), in paragraph 2 (meaning of “the banking consolidation directive”), for “by Directive 2009/111/EC” substitute “on 24th November 2010 by Directives 2010/76/EU and 2010/78/EU”.

Banking (Special Provisions) Act 2008

3.  In section 15(3) of the Banking (Special Provisions) Act 2008(3) (meaning of “the Banking Consolidation Directive”), for “by Directive 2009/111/EC” substitute “on 24th November 2010 by Directives 2010/76/EU and 2010/78/EU”.

Banking Act 2009

4.  In section 14(5)(b) of the Banking Act 2009(4) (meaning of “securities”), for “by Directive 2009/111/EC” substitute “on 24th November 2010 by Directives 2010/76/EU and 2010/78/EU”.

(1)

1986 c.53; subsection (2B) was inserted by S.I. 1996/1669 and amended by S.I. 2006/3221 and S.I.2010/2628.

(2)

2000 c.8; paragraph 2 was amended by S.I. 2006/3221 and S.I.2010/2628.

(3)

2008 c.2; section 15(3) was amended by S.I. 2010/2628.

(4)

2009 c.1; section 14(5) was amended by S.I. 2010/2628.