This section has no associated Explanatory Memorandum
44.—(1) Section 101(1) (protective provisions for specially formed successors) is amended as follows.U.K.
(2) In subsection (4), for “Authority”, in each place, substitute “appropriate authority”.
(3) After subsection (4), insert—
“(4A) The PRA must consult the FCA before giving a direction under this section.”.
Commencement Information
I1Sch. 8 para. 44 in force at 1.4.2013, see art. 1(1)
(1)
Section 101(4) was amended by S.I. 2001/3649. There are other amending instruments, but none is relevant.