SCHEDULE 3Amendments

PART 2Amendments of other primary legislation

Amendment of the Financial Services (Banking Reform) Act 20136

In section 17 of the Financial Services (Banking Reform) Act 2013 M1 (bail-in stabilisation option)—

a

in subsection (3)(e) for “bail-in administrator” substitute “ resolution administrator ”;

b

in subsection (5)—

i

omit the definition of “bail-in administrator”;

ii

after the definition of “company” insert—

“resolution administrator” is to be read in accordance with sections 62B to 62E of the Banking Act 2009.