SCHEDULE 1Amendments of the Banking Act 2009

Groups30

1

Section 81B (sale to commercial purchaser and transfer to bridge bank) is amended as follows.

2

In subsection (2) omit paragraph (b).

3

In subsection (2A) omit “, EU resolution authority”.

4

In subsection (9)—

a

omit the definitions of “EU institution” and “EU resolution authority”;

b

in the definition of “relevant third-country authority”, for the words from “Article” to the end substitute “section 81AA(14)”.