SCHEDULES

SCHEDULE 8Sections 28 to 34: minor and consequential amendments

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(1)

Section 288 (application by a clearing house) is amended as follows.

(2)

In subsection (1), for “the Authority” substitute “ the Bank of England ”.

(3)

In subsection (2)—

(a)

in the opening words, for “the Authority” substitute “ the Bank of England ”, and

(b)

in paragraph (d), for “the Authority” substitute “ the Bank ”.

(4)

In subsection (3)(b), after “clearing services” insert “ or services falling within section 285(3)(b) ”.