SCHEDULES

SCHEDULE 6Control of business transfers

I116

In paragraph 8(2)—

a

for paragraph (a) substitute—

a

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

aa

if the transferee is a person with Part 4A permission or with permission under Schedule 4 but is not a PRA-authorised person, the FCA;

b

in paragraph (c), after “(a)” insert “ , (aa) ”.