SCHEDULES

SCHEDULE 6U.K.Control of business transfers

11(1)Paragraph 2 is amended as follows.U.K.

(2)In the following places, for “Authority” substitute “ appropriate regulator ”

(a)sub-paragraph (1)(b);

(b)in the first place in sub-paragraph (3).

(3)In sub-paragraph (3), after “transferred” insert “ certification ”.

(4)In sub-paragraph (6)(c), for “, the Authority” substitute “—

(i)the PRA, if the transferee is a PRA-authorised person with a Part 4A permission or with permission under Schedule 4;

(ii)the FCA, if the transferee is a person with a Part 4A permission or with permission under Schedule 4 but is not a PRA-authorised person.”