SCHEDULE 3Amendments of the Bank Recovery and Resolution (No.2) Order 2014

I157

1

Article 102 (relevant notice from UK group entity: decision by the PRA or FCA) is amended as follows.

2

In paragraph (2)—

a

at the end of sub-paragraph (a) add “ and ”;

b

omit sub-paragraph (b).

3

After paragraph (3) insert—

4

In this article “business day” has the same meaning as in section 70D(1) of the Banking Act 2009 M1.