SCHEDULES
SCHEDULE 2Further amendments relating to Bank of England
Immunity
3
(1)
Section 244 of the Banking Act 2009 (immunity) is amended as follows.
(2)
In subsection (2)—
(a)
in paragraph (a), for “servant” substitute “
employee
”
, and
(b)
in paragraph (c), for “functions exercised” substitute “
the exercise or purported exercise of the Bank's functions under the Financial Services and Markets Act 2000, of its other regulatory functions or of functions undertaken
”
.
(3)
After subsection (2) insert—
“(2A)
The Bank's functions under the Financial Services and Markets Act 2000 are to be taken to include any functions that it may exercise as a result of an appointment under any of sections 97, 166 to 169 and 284 of that Act.”