This section has no associated Explanatory Notes
49U.K.In section 157 (other processes), in subsection (1), for “Before exercising an insolvency power in respect of a residual bank the FSA” substitute “ Before the PRA or the FCA exercises an insolvency power in respect of a residual bank, whichever of them is exercising the power ”.
Commencement Information
I1Sch. 17 para. 49 in force at 1.4.2013 by S.I. 2013/423, art. 3, Sch.