8.—(1) Paragraph (2) applies if, before the commencement date, the Authority had—
(a)(i)nominated or approved a person under section 109(2)(1) (scheme reports) to make a scheme report, or
(ii)approved a form of report under section 109(3); and
(b)not withdrawn the nomination or approval.
(2) The nomination or approval, as the case may be, is to be treated as if it had been given by the PRA (as well as by the FCA).
Section 109 is amended by the 2012 Act, Schedule 6, paragraph 3.