13(1)Paragraph 54 is amended in accordance with this paragraph.U.K.
(2)In sub-paragraph (5)(c)—
(a)in sub-paragraph (i), for “chargeable UK-based equity and liabilities” substitute “ UK-based equity and liabilities or UK-allocated equity and liabilities ”;
(b)in sub-paragraph (ii)—
(i)for “chargeable UK-based equity and liabilities” substitute “ UK-based equity and liabilities or UK-allocated equity and liabilities ”;
(ii)for “relevant UK sub-group or a relevant UK banking sub-group (as the case may be)” substitute “ UK sub-group ”.
(3)In sub-paragraph (6)—
(a)in the words before paragraph (a), after “ “relevant member”” insert “ means ”;
(b)for paragraphs (a) and (b) substitute—
“(a)a chargeable UK resident entity which is a member of the relevant group;
(b)a UK sub-group of the relevant group;
(c)a relevant foreign bank which is a member of the relevant group.”