SCHEDULE 1Amendments of the Banking Act 2009

General55

1

In section 259 (statutory instruments), in subsection (3), the Table is amended as follows.

2

After the row relating to the meaning of “bank” insert—

2(2A)

Criteria for determining what are critical functions

Negative resolution

3

After the row relating to the protection of interests insert—

48B(13A)

Further provision connected with functions under section 48B(10)

Draft affirmative resolution

48B(16)

Criteria for determining what are core business lines

Negative resolution

4

After the row relating to recognised central counterparty compensation orders insert—

89JA(8) (modified section 48B(17B))

Criteria for determining what are core business lines

Negative resolution