SCHEDULES

SCHEDULE 17U.K.Amendments of Banking Act 2009 related to Part 2 of this Act

PART 1 U.K.Amendments of Part 1 of the Act

8(1)Section 7 (general conditions) is amended as follows.U.K.

(2)In subsection (1), for “FSA” substitute “ PRA ”.

(3)In subsection (2), omit the words from “(within” to the end.

(4)In subsection (4), for “FSA” substitute “ PRA ”.

(5)After that subsection insert—

“(4A)The threshold conditions” means the threshold conditions, as defined by subsection (1) of section 55B of the Financial Services and Markets Act 2000, for which the PRA is treated as responsible under subsection (2) of that section.”

(6)In subsection (5)—

(a)for “FSA” substitute “ PRA ”, and

(b)at the end of paragraph (a) insert—

“(aa)the FCA,”.