Financial Services Act 2012

This section has no associated Explanatory Notes

4(1)Section 288 (application by a clearing house) is amended as follows.U.K.

(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) ”.

Commencement Information

I1Sch. 8 para. 4 in force at 24.1.2013 for specified purposes by S.I. 2013/113, art. 2(1)(c), Sch. Pt. 3

I2Sch. 8 para. 4 in force at 1.4.2013 in so far as not already in force by S.I. 2013/423, art. 3, Sch.