SCHEDULES

SCHEDULE 8Sections 28 to 34: minor and consequential amendments

4

1

Section 288 (application by a clearing house) is amended as follows.

2

In subsection (1), for “the Authority” substitute “the Bank of England”.

3

In subsection (2)—

a

in the opening words, for “the Authority” substitute “the Bank of England”, and

b

in paragraph (d), for “the Authority” substitute “the Bank”.

4

In subsection (3)(b), after “clearing services” insert “or services falling within section 285(3)(b)”.