SCHEDULES

SCHEDULE 2Further amendments relating to Bank of England

Immunity

I13

1

Section 244 of the Banking Act 2009 (immunity) is amended as follows.

2

In subsection (2)—

a

in paragraph (a), for “servant” substitute “ employee ”, and

b

in paragraph (c), for “functions exercised” substitute “ the exercise or purported exercise of the Bank's functions under the Financial Services and Markets Act 2000, of its other regulatory functions or of functions undertaken ”.

3

After subsection (2) insert—

2A

The Bank's functions under the Financial Services and Markets Act 2000 are to be taken to include any functions that it may exercise as a result of an appointment under any of sections 97, 166 to 169 and 284 of that Act.