PART 2Amendment of Primary Legislation and Northern Ireland Legislation
Banking (Special Provisions) Act 20087
1
Section 15 (interpretation) of the Banking (Special Provisions) Act 200827 is amended as follows.
2
In subsection (1), after the definition of “pension scheme” insert—
“PRA Rulebook” means the rulebook published by the Prudential Regulation Authority containing rules made by that Authority under FSMA 2000 as that rulebook has effect on 1 January 2022;
3
In subsection (2), for “Title 1 of Part Two of Regulation (EU) No. 575/2013 of the European Parliament and of the Council” substitute “Title 1 of Part Two of Regulation (EU) No. 575/2013 of the European Parliament and of the Council of 26 June 2013 on prudential requirements for credit institutions and investment firms and the Own Funds and Eligible Liabilities (CRR) Part of the PRA Rulebook”
.