SCHEDULE 3Amendments of the Bank Recovery and Resolution (No.2) Order 2014

Miscellaneous provisions113

1

Article 223 (duty to co-operate) is amended as follows.

2

For paragraph (2) substitute—

2

“Relevant functions” means any functions conferred on the Bank, the PRA or the FCA by or under—

a

Part 1 of the Banking Act 2009;

b

section 17 of the Financial Services (Banking Reform) Act 2013;

c

any Regulations adopted under the recovery and resolution directive;

d

this Order.