Sch 2 para 51
(1) Schedule 17A (exercise of Part 18 functions by Bank of England) is amended as follows. (2) In paragraph 2(1) for “appropriate regulators” substitute “ FCA ” . (3) In paragraph 17— (a) in sub-paragraph (5), for the words from “the reference” to the end substitute “ subsection (1)(a) required consultation with the FCA. ” ; (b) omit sub-paragraph (6)(b). (4) In paragraph 23— (a) the existing text becomes sub-paragraph (1); (b) after that sub-paragraph insert— (2) Paragraph 9(2)(a) does not apply to the reference to the PRA in section 348(8). (5) In paragraph 35(3)— (a) at the end of paragraph (a) insert “ and ” ; (b) omit paragraph (b).