xmlns:atom="http://www.w3.org/2005/Atom"

SCHEDULES

SCHEDULE 5Transfer of functions: consequential amendments

Part IVGeneral: disclosure of information

Chapter IBanking Act 1987

56(1)Section 86 is amended as follows.

(2)In subsections (1), (2)(a), (3) and (4A), for “Bank”, wherever occurring, there is substituted “Authority”.

(3)In subsection (5), for the definition of “relevant functions” there is substituted—

“relevant functions”, in relation to the Authority, means its functions under this Act and its functions as a supervisor of money market institutions;.