SCHEDULE 2Amendments of subordinate legislation

The Bank Administration (Scotland) Rules 2009

161.  In the Bank Administration (Scotland) Rules 2009(1)—

(a)in rule 4(1) (interpretation), omit sub-paragraph (f);

(b)in rule 5, for paragraph (e) substitute—

“(e)“appropriate regulator rules” means rules made by the Financial Conduct Authority or the Prudential Regulation Authority, as amended from time to time, under section 213 of the Financial Services and Markets Act 2000;

(ea)the appropriate regulator” in relation to a bank means—

(i)if the bank is a PRA-authorised person (within the meaning of the Financial Services and Markets Act 2000), the Prudential Regulation Authority and the Financial Conduct Authority;

(ii)in any other case, the Financial Conduct Authority;”;

(c)in rule 13 (service) for “FSA” substitute “the Financial Conduct Authority or the Prudential Regulation Authority”;

(d)in rule 16 (notice of order), after “four” insert “or, if the bank is a PRA-authorised person (within the meaning of the Financial Services and Markets Act 2000), five”;

(e)for “FSA”, in each other place it appears, substitute “appropriate regulator”.