SCHEDULES
SCHEDULE 17Amendments of Banking Act 2009 related to Part 2 of this Act
PART 4Amendments of Parts 4 to 6 of the Act
59
(1)
Section 249 (functions) is amended as follows.
(2)
In subsection (1)—
(a)
for “Financial Services Authority” substitute “
Prudential Regulation Authority or the Financial Conduct Authority
”
, and
(b)
for “the Authority” substitute “
that authority
”
.
(3)
In subsection (2), for “Financial Services Authority” substitute “
Prudential Regulation Authority or the Financial Conduct Authority
”
.
(4)
Omit subsection (3).