SCHEDULE 2Amendments to Commission Regulation (EU) 2016/1388

4

1

Article 6 (regulatory aspects) is amended as follows.

2

In paragraph 1—

a

for “the entity designated by the Member State” substitute “the regulatory authority”;

b

omit the words from “The designated entity” to the end.

3

In paragraph 2—

a

for “For” substitute “The regulatory authority may determine that”;

b

for the words from “, Member States” to the end substitute “are to be subject to its approval”.

4

In paragraph 3—

a

for “Member States, competent entities” substitute “the regulatory authority”;

b

in point (d), omit “, including as required by national legislation”;

c

in point (f), for “agreed European” substitute “applicable”.

5

In paragraph 4, for “competent entity” substitute “regulatory authority”.

6

In paragraph 5, omit “relevant” (in the third place it occurs).

7

In paragraph 6, for “Competent entities” substitute “The regulatory authority”.

8

In paragraph 9, for “Member States” substitute “the regulatory authority”.