PART 8Recognised investment exchanges and clearing houses
Application by a clearing house33
1
Paragraphs (2) to (6) apply if, before the commencement date, the Authority—
a
had received an application made in accordance with section 28851 (application by a clearing house); and
b
had not determined the application.
2
The application is to be treated as if it had been made to the Bank of England on the date on which it was made.
3
A requirement imposed by the Authority under section 288(2)(d) is to be treated as if it had been imposed by the Bank of England.
4
Information requested by the Authority under section 289(1)52 (applications: supplementary) is to be treated as if it had been requested by the Bank of England.
5
A direction given by the Authority under section 289(2) is to be treated as if it had been given by the Bank of England.
6
Information provided to the Authority in accordance with section 289(2) is to be treated as if it had been provided to the Bank of England.