10. In Article 9—
(a)in paragraph 1—
(i)in the first sub-paragraph, for “competent authorities of their place of establishment” substitute “ competent authority ”;
(ii)omit the second sub-paragraph;
(b)in paragraph 2—
(i)in the first sub-paragraph, for the words from the beginning to “develop draft” substitute “ The Bank of England may make ”;
(ii)omit the second sub-paragraph;
(c)in paragraph 3—
(i)for “ESMA shall develop draft” substitute “ The Bank of England may make ”;
(ii)omit the second and third sub-paragraphs.
Commencement Information
I1Reg. 10 in force at 31.12.2020 on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(3)