PART 2Amendments to the Act

CHAPTER 22Schedule 12 to the Act: transfer schemes: certificates

Paragraph 9B (ring-fencing transfer schemes)111

For paragraph 9B175 (ring-fencing transfer schemes) substitute—

9B

For the purposes of section 111(2) the appropriate certificates, in relation to a ring-fencing transfer scheme, are—

a

a certificate given by the PRA certifying its approval of the application, and

b

a certificate under paragraph 9C.