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SUPPLEMENTARY

Application of Part VII following removal from the list

28.  Section 169(3) of the Act shall apply as if—

(a)functions under that provision were exercisable by the Bank of England and not by any other person; and

(b)the reference to the revocation of recognition of an investment exchange or clearing house under the 1986 Act and the references to a revocation order were each a reference to the removal of a person from the list.