18. In Article 48—
(a)in paragraph 2—
(i)omit “of the requesting CSD” each time it occurs;
(ii)for “and relevant authorities” substitute “ authority ”;
(b)in paragraph 5, after “another CSD” insert “ or third-country CSD ”;
(c)in paragraph 7—
(i)after “Links between CSDs” insert “ and links between CSDs and third-country CSDs ”;
(ii)for “relevant and competent authorities” substitute “ competent authority ”;
(d)in paragraph 9—
(i)after “between CSDs” insert “ and links between CSDs and third-country CSDs ”;
(ii)for “Member States”, substitute “ the United Kingdom ”;
(e)in paragraph 10—
(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 and third sub-paragraphs.
Commencement Information
I1Reg. 18 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)