PART 2Amendments of the Banking Act 2009 and related provision
CHAPTER 1Amendments of the Banking Act 2009
General conditions7.
In section 7(5C) (general conditions) M1—
(a)
in paragraph (b), for the words from “determined”, in the first place it occurs, to the end substitute “
is less than the amount of its liabilities,
”
;
(b)
in paragraph (d), for “one or more of paragraphs (a) to (c)” substitute “
paragraph (b) or (c) (or both)
”
.