SCHEDULES

SCHEDULE 17Amendments of Banking Act 2009 related to Part 2 of this Act

PART 2Amendments of Part 2 of the Act

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1

Section 100 (liquidation committee) is amended as follows.

2

For subsection (2) substitute—

2

The liquidation committee is to consist initially of—

a

two individuals nominated by the Bank of England,

b

one individual nominated by the PRA,

c

one individual nominated by the FCA, and

d

one individual nominated by the FSCS.

3

In subsection (6)(c), for “and the FSA” substitute “ , the PRA and the FCA ”.