[F1142Z1Interpretation of Part 9BU.K.
(1)This section has effect for the interpretation of this Part.
(2)Any reference to—
(a)the regulated activity of accepting deposits, or
(b)the regulated activity of dealing in investments as principal,
is to be read in accordance with Schedule 2, taken with any order under section 22.
(3)Any reference to the group restructuring powers is to be read in accordance with section 142L(1).
(4)Any reference to a qualifying parent undertaking is to be read in accordance with section 142L(4).]
Textual Amendments
F1Pt. 9B inserted (1.3.2014 for the insertion of ss. 142A-142F, 142I, 142W-142Z1 for specified purposes, 21.4.2016 for the insertion of s. 142H) by Financial Services (Banking Reform) Act 2013 (c. 33), ss. 4(1), 148(5); S.I. 2014/377, art. 2(1)(b), Sch. Pt. 2; S.I. 2016/512, art. 2(a)