SCHEDULES

SCHEDULE 2Further amendments relating to Bank of England

Immunity

3(1)Section 244 of the Banking Act 2009 (immunity) is amended as follows.

(2)In subsection (2)—

(a)in paragraph (a), for “servant” substitute “employee”, and

(b)in paragraph (c), for “functions exercised” substitute “the exercise or purported exercise of the Bank's functions under the Financial Services and Markets Act 2000, of its other regulatory functions or of functions undertaken”.

(3)After subsection (2) insert—

(2A)The Bank's functions under the Financial Services and Markets Act 2000 are to be taken to include any functions that it may exercise as a result of an appointment under any of sections 97, 166 to 169 and 284 of that Act.