The Regulated Covered Bonds Regulations 2008

This section has no associated Explanatory Memorandum

[F15.  Paragraph 23 of Schedule 1ZA to the Act (fees) is to apply for the purposes of these Regulations as it applies for the purposes of the Act, but with the following modifications—U.K.

(a)in sub-paragraph (1)—

(i)for the reference to “this Act” there is substituted a reference to “the Regulated Covered Bonds Regulations 2008”;

(ii)omit paragraphs (b) and (c);

(b)for sub-paragraph (2) substitute—

“(2) The “qualifying functions” of the FCA are its functions under the Regulated Covered Bonds Regulations 2008.”;

(c)omit sub-paragraphs (3), (4), (5) and (6);

(d)for the reference in sub-paragraph (7) to “penalties imposed by it under this Act” there is substituted a reference to “penalties imposed by it under the Regulated Covered Bonds Regulations 2008.]

Textual Amendments