Financial Services and Markets Act 2000 (c. 8)

SCHEDULES

SCHEDULE 12 U.K. Transfer schemes: certificates

Part II U.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 [F1 the transferor concerned] or the transferee is an EEA firm falling within paragraph 5(b) of Schedule 3.

Textual Amendments

F1 Words in Sch. 12 substituted (1.3.2014) by Financial Services (Banking Reform) Act 2013 (c. 33), s. 148(5), Sch. 1 para. 2; S.I. 2014/377, art. 2(1)(a), Sch. Pt. 1