SCHEDULE 1U.K.Amendments of primary legislation

2.—(1) The Financial Services (Banking Reform) Act 2013 M1 is amended as follows.U.K.

(2) In section 100 (power of Bank of England to require Payment Systems Regulator to refrain from specified action), in subsection (7), omit “EU obligation or any other”.

(3) In section 101 (power of FCA to require Payment Systems Regulator to refrain from specified action), in subsection (7), omit “EU obligation or any other”.

(4) In section 102 (power of PRA to require Payment Systems Regulator to refrain from specified action), in subsection (7), omit “EU obligation or any other”.

Commencement Information

I1Sch. 1 para. 2 in force at 31.12.2020 on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(3)

Marginal Citations