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

SCHEDULES

SCHEDULE 3Saving and transitional provision relating to Part 1

Annual report

5(1)Sub-paragraphs (2) and (3) apply to the first report under paragraph 19 of Schedule 1ZB to the Financial Services and Markets Act 2000 made by the Bank in its capacity as the Prudential Regulation Authority.

(2)The report must be made not later than a year after the last report made under that paragraph by the company.

(3)If section 12 came into force during the period to which the report relates (“the reporting period”), the report must deal with things done by the company during the reporting period before that section came into force (as well as things done by the Bank in its capacity as the Prudential Regulation Authority after that section came into force).