SCHEDULES

SCHEDULE 12 Transfer schemes: certificates

Part II Banking Business Transfer Schemes

7

1

For the purposes of section 111(2) the appropriate certificates, in relation to a banking business transfer scheme, are—

a

a certificate under paragraph 8; and

b

if sub-paragraph (2) applies, a certificate under paragraph 9.

2

This sub-paragraph applies if the authorised person concerned or the transferee is an EEA firm falling within paragraph 5(b) of Schedule 3.