Bank of England Act 1998 (c. 11)

SCHEDULES

SCHEDULE 5 Transfer of functions: consequential amendments

Part II Supervision under section 43 of the Financial Services Act 1986

Financial Services Act 1986 (c. 60)

44 (1) Section 43 of the Financial Services Act 1986 is amended as follows.

(2) In subsection (1), for “Bank of England” there is substituted “Financial Services Authority (“the Authority”)”.

(3) In subsections (2) and (3), for “Bank of England” there is substituted “Authority”.

(4) In subsection (4), for “Bank” there is substituted “Authority”.