12In paragraph 53(4)—
(a)in paragraph (a), for “relevant UK banking sub-group” substitute “UK sub-group”,
(b)for paragraph (b) substitute—
“(b)is a chargeable UK resident entity which is a banking entity (see paragraph 15C(2)),”,
(c)omit paragraph (c), and
(d)in paragraph (d), for “covered by paragraph 19(17)” substitute “which is a member of the relevant group”.