Valid from 31/12/2020
42.—(1) Section 89I (effect of recognition of third-country resolution action by the Bank of England) is amended as follows.U.K.
(2) In subsection (6), in the modified subsection (9A), for “third country” substitute “ country or territory ”;
(3) In subsection (9)—
(a)in the modified subsection (3), after “United Kingdom and the”, for “third-country” substitute “ country or territory ”;
(b)in the modified subsection (3A) for “ “third-country group company” and “third country”” substitute “and “third-country group company””.
Commencement Information
I1Sch. 1 para. 42 in force at 31.12.2020 on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(2)