SCHEDULES
SCHEDULE 6Digital settlement assets
PART 1Amendments to the Banking Act 2009
I119
1
Section 191 (directions) is amended as follows.
2
In subsection (1)—
a
the words after the first “to” to the first “system” become paragraph (a);
b
after that paragraph insert
,
b
to a recognised DSA service provider,
c
the words after “or” become paragraph (c);
d
at the end of that paragraph insert “or to such DSA service providers”
.
3
In subsection (2)—
a
in paragraph (a), omit “to the system”;
b
in paragraph (b), omit “to the system”.
4
In subsection (3)—
a
after “operator” insert “, DSA service provider”
;
b
after “operator’s” insert “, DSA service provider’s”
.
5
In subsection (4)(b), after “operator” insert “, DSA service provider”
.