Sch 18 para 66
(1) Section 162 (duty to report on completion of default proceedings) is amended as follows. (2) In subsections (1) and (1A), for “Authority” substitute “ appropriate regulator ” . (3) In subsection (4), for “Authority” substitute “ appropriate regulator ” . (4) At the end insert— (7) The appropriate regulator”— (a) in relation to a recognised investment exchange or a recognised overseas investment exchange, means the FCA, and (b) in relation to a recognised clearing house or a recognised overseas clearing house, means the Bank of England.