SCHEDULES

SCHEDULE 9U.K.Bank of England oversight of payment systems

PART 2U.K.Consequential amendments

Financial Services (Banking Reform) Act 2013U.K.

42U.K.In section 113 (interpretation: other expressions), in subsection (1)—

(a)in the definition of “operator” omit “inter-bank”;

(b)in the definition of “recognised inter-bank payment system”—

(i)omit the first “inter-bank”;

(ii)for “an inter-bank” substitute “ a ”;

(c)in the definition of “the relevant system”, in paragraphs (a) and (c), omit “inter-bank”.