Application by a clearing house
33.—(1) Paragraphs (2) to (6) apply if, before the commencement date, the Authority—
(a)had received an application made in accordance with section 288(1) (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)(2) (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.
Section 288 is amended by the 2012 Act, Schedule 8, paragraph 4.
Section 289 is amended by the 2012 Act, Schedule 8, paragraph 5.