SCHEDULES
SCHEDULE 17

Amendments of Banking Act 2009 related to Part 2 of this Act
PART 1

Amendments of Part 1 of the Act
7
1
Section 6 (code of practice: procedure) is amended as follows.
2
Omit subsections (1) and (2).
3
For subsection (4) substitute—
4
Before re-issuing the code of practice the Treasury must consult—
a
the PRA,
b
the FCA,
c
the Bank of England, and
d
the scheme manager of the Financial Services Compensation Scheme (established under Part 15 of the Financial Services and Markets Act 2000).
5
As soon as is reasonably practicable after re-issuing the code of practice the Treasury shall lay a copy before Parliament.