Section 81BA: supplemental
This section has no associated Explanatory Memorandum
94.—(1) Section 81CA (section 81BA: supplemental)(1) is amended as follows.
(2) In subsection (2) for “sections 7 and 8A” substitute “section 7”.
(3) In subsection (5)—
(a)for “mentioned in section 81BA(2) (“the bank”)” substitute “, EU institution or third-country institution mentioned in section 81BA(2) (“the group entity”)”,
(b)in paragraph (b)(i) for “included the bank,” substitute “included the group entity,”, and
(c)in paragraph (c) for “included the bank,” substitute “included the group entity,”.
(1)
Section 81CA was inserted by paragraph 7 of Schedule to the Financial Services (Banking Reform) Act 2013 (c.33).