Part 2 Amendments of Part 2 of the Act
Financial Services Act 2012 (2012 c 21) | Legislation

Part 2 Amendments of Part 2 of the Act

29

Part 2 of the Banking Act 2009 is amended as follows.

30

In section 91 (interpretation: “bankâ€), for “Part 4†substitute “Part 4Aâ€.

31

In section 93 (interpretation: other expressions), for subsection (1) substitute—

“(1)     In this Part—

(a)     “the PRA†means the Prudential Regulation Authority, and

(b)     “the FCA†means the Financial Conduct Authority.â€

32

In section 95 (application), in subsection (1)(b), for “FSA†substitute “PRAâ€.

33

In section 96 (grounds for applying), for “FSAâ€, in each place, substitute “PRAâ€.

34

In section 97 (grounds for making), in subsection (1), for “FSA†substitute “PRAâ€.

35

In section 98 (commencement), in subsection (2), for “FSAâ€, in both places, substitute “PRAâ€.

36

(1)     Section 100 (liquidation committee) is amended as follows.

(2)     For subsection (2) substitute—

“(2)     The liquidation committee is to consist initially of—

(a)     two individuals nominated by the Bank of England,

(b)     one individual nominated by the PRA,

(c)     one individual nominated

Powered by Lexis+®
 

Popular documents

LEXISNEXIS

Notice of assignment

notice of [assignment OR transfer]To: [insert name of landlord][of [insert address] OR whose registered office is at [insert address] Company number [insert number]][and][To: [insert name of head landlord]][of [insert address] OR whose registered office is at [insert address] Company number [insert

LEXISNEXIS

Grounds of appeal—introducing new evidence

Grounds of appeal—introducing new evidenceCoronavirus (COVID-19): The guidance detailing normal practice set out in this Practice Note may be affected by measures concerning process and procedure in the civil courts that have been introduced as a result of the coronavirus (COVID-19) pandemic. The

LEXISNEXIS

Possession of a bladed article

Possession of a bladed articleThe offence of possession of a bladed articleThe offence of having a bladed article in a public place can be tried in either the magistrates' court or the Crown Court. The magistrates' court will decline jurisdiction in those cases where it appears that its powers of

LEXISNEXIS

Interim injunctions—the American Cyanamid guidelines

Interim injunctions—the American Cyanamid guidelinesThis Practice Note is concerned with substantive interim injunctions, which are a particular species of injunction granted on a temporary basis ahead of trial. As set out below, there are different considerations depending on whether the interim