Amendment of Regulation (EC) No 1060/2009
This section has no associated Explanatory Memorandum
53. In Article 2—
(a)in paragraph 1, for “Union”, substitute “United Kingdom”;
(b)in paragraph 2—
(i)in point (c), for “point 1.3 of Part 1 of Annex VI to Directive 2006/48/EC”, substitute “Article 114 and Article 137 of Regulation (EU) No 575/2013”;
(ii)in point (d), for “the central banks”, substitute “central banks”;
(iii)in point (d)(iv), for “respective central banks’ Member States”, substitute “United Kingdom Government”;
(c)in paragraph 4—
(i)for “the Commission”, in each place it occurs, substitute “the Treasury”;
(ii)omit, “upon submission of a request by a Member State, in accordance with the regulatory procedure referred to in Article 38(3) and”.