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SCHEDULES

SCHEDULE 6U.K.Digital settlement assets

PART 1U.K.Amendments to the Banking Act 2009

19(1)Section 191 (directions) is amended as follows.U.K.

(2)In subsection (1)—

(a)the words after the first “to” to the first “system” become paragraph (a);

(b)after that paragraph insert ,

(b)to a recognised DSA service provider,;

(c)the words after “or” become paragraph (c);

(d)at the end of that paragraph insert “or to such DSA service providers”.

(3)In subsection (2)—

(a)in paragraph (a), omit “to the system”;

(b)in paragraph (b), omit “to the system”.

(4)In subsection (3)—

(a)after “operator” insert “, DSA service provider”;

(b)after “operator’s” insert “, DSA service provider’s”.

(5)In subsection (4)(b), after “operator” insert “, DSA service provider”.

Commencement Information

I1Sch. 6 para. 19 in force at 29.8.2023, see s. 86(2)(a)