SCHEDULES

SCHEDULE 8Sections 28 to 34: minor and consequential amendments

22

(1)

Section 301 (supervision of certain contracts) is amended as follows.

(2)

In subsection (2), for “the Authority” substitute “ the Bank of England ”.

(3)

In subsection (3)—

(a)

for “the Authority”, in the first place, substitute “ the FCA or the Bank of England ”, and

(b)

for “the Authority”, in the second place, substitute “ the Bank ”.

(4)

In subsections (4)(a), (6)(a), (7) and (9), for “Authority” substitute “ Bank of England ”.