PART 2Amendment of Primary Legislation made under the European Communities Act 1972

CHAPTER 2Amendment of the Banking Act 2009

Recognition of third-country resolution actions23.

In section 89I (effect of recognition of third-country resolution action by Bank of England)—

(1)

in subsection (5), for “(8)”, substitute “(9A)”; and

(2)

after subsection (9), insert—

“(9A)

Sections 81ZZBA, 81ZZBB, 81ZBB, 81ZBC, 81BB and 81BC do not apply.”.