20.—(1) Part 5 of the Finance Act 2011(1) (bank levy) is amended by paragraph (2) and Part 7 of that Act (data-gathering) is amended by paragraph (3).
(2) In Schedule 19—
(a)in paragraph 13(4) for the definition of “dealing on own account” substitute —
“dealing on own account” has the same meaning as in Regulation (EU) No 600/2014 of the European Parliament and of the Council of 15 May 2014 on markets in financial instruments (see Article 2.1(5))(2);”;
(b)in paragraph 31(4)(3) before paragraph (a) insert—
“(za)they are debt securities issued by the Bank of England, Her Majesty’s Government in the United Kingdom, or the government of Gibraltar,”;
(c)in paragraph 67A(4)(4) for “and” substitute “to”.
(3) In Schedule 23—
(a)in paragraph 13D(3)(5)—
(i)omit “, or” at the end of paragraph (a);
(ii)omit paragraph (b);
(b)in paragraph 45(4)(a)(6) omit “, other than the United Kingdom,”.
Commencement Information
Regulation (EU) No 600/2014 is amended by S.I. 2018/1403 with effect from exit day.
Paragraph 31(4) was substituted by S.I. 2016/874.
Paragraph 67A was inserted by paragraph 11(2) of Schedule 34 to the Finance Act 2012 (c.14).
Paragraph 13D was inserted by section 69 of the Finance (No. 2) Act 2017.
Paragraph 45(4)(a) was amended by S.I. 2012/3062.