SCHEDULES
SCHEDULE 2Minor and consequential amendments
Part 1Amendments of Financial Services and Markets Act 2000
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1
Section 224A (functions under the Banking Act 2009) is amended as follows.
2
The existing provision becomes subsection (1) of that section.
3
After that subsection insert—
2
Any payment required to be made by the scheme manager by virtue of section 61 of that Act (special resolution regime: compensation) is to be treated for the purposes of this Part as an expense under the compensation scheme.