1 The Banking Act 1987 [1987 c. 22.] is amended as follows.
2 In section 1-
(a) in subsection (1), for the words from the beginning to ""Bank")" there is substituted "The Financial Services Authority (in this Act referred to as "the Authority")",
(b) in subsections (2) and (3), for "Bank" there is substituted "Authority", and
(c) in subsection (4)-
(i) for the words from the beginning to "Bank", in the second place where it occurs, there is substituted "Neither the Authority nor any person who is, or is acting as, an officer or servant of the Authority", and
(ii) for "Bank", in the third place where it occurs, there is substituted "Authority".
3 In sections 3(1) and 4(3), for "Bank" there is substituted "Authority".
4 In sections 7 to 10, for "Bank", wherever occurring, there is substituted "Authority".
5 In section 11-
(a) for "Bank", wherever occurring, except subsection (1A)(c), there is substituted "Authority", and
(b) in subsection (1A)(c)-
(i) for "the Bank is