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(1)The following provisions of the 2008 Act are repealed—
section 11 (customer’s rights preserved on insolvency etc of bank or building society);
section 12 (disclosure of information);
section 14 (review and report to Parliament).
(2)The repeal of section 11 does not affect its continued operation in relation to a right to payment acquired by virtue of section 1(2)(b) or 2(2)(b) of the 2008 Act before the repeal comes into force.
(3)Schedule 1 contains minor and consequential amendments.
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