SCHEDULES

SCHEDULE 12U.K. Transfer schemes: certificates

Part IIU.K. 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—U.K.

(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.