Financial Services (Banking Reform) Act 2013

This section has no associated Explanatory Notes

3(1)Section 103A (meaning of “the appropriate regulator”) is amended as follows.U.K.

(2)In subsection (1), in paragraph (a), for “a scheme” substitute “ a ring-fencing transfer scheme or a scheme (other than a ring-fencing transfer scheme) ”.

(3)At the end of subsection (2) insert—

(d)in the case of a ring-fencing transfer scheme, means the body to whose business the scheme relates.

Commencement Information