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SCHEDULE 2Amendments of subordinate legislation

Transitional provision in relation to the Investment Bank Special Administration Regulations 2011

199.  For the purposes of the Investment Bank Special Administration Regulations 2011 anything done by or in relation to the Financial Services Authority under those Regulations (including, in particular, the giving of directions under regulation 16) in relation to an investment bank which is, on 1st April 2013, a PRA-authorised person within the meaning of those Regulations is to be treated as having also been done, unless the context otherwise requires, by or in relation to the Prudential Regulation Authority.