SCHEDULES

SCHEDULE 17Amendments of Banking Act 2009 related to Part 2 of this Act

PART 4Amendments of Parts 4 to 6 of the Act

I159

1

Section 249 (functions) is amended as follows.

2

In subsection (1)—

a

for “Financial Services Authority” substitute “ Prudential Regulation Authority or the Financial Conduct Authority ”, and

b

for “the Authority” substitute “ that authority ”.

3

In subsection (2), for “Financial Services Authority” substitute “ Prudential Regulation Authority or the Financial Conduct Authority ”.

4

Omit subsection (3).