SCHEDULE 8AMENDMENTS OF BANKING ACT
Authorisations
6.
(1)
Section 18 of the Act (false statements as to authorised status) shall have effect as if subsection (1) also precluded any person other than a European institution from—
(a)
describing himself as a European institution; or
(b)
so holding himself out as to indicate or be reasonably understood to indicate that he is a European institution.
(2)
That section shall also have effect as if any reference in subsection (2) to an authorised institution included a reference to a European institution.