(1) Article 29 is amended as follows.

(2) In paragraph 3, omit from ", to ESMA" to the end of the paragraph.

(3) In paragraph 4 -

(a) for the words from the beginning to "regulatory" where it first appears substitute "The Bank of England may make";

(b) omit from "ESMA shall submit" to the end of the paragraph;

(4) In paragraph 5 -

(a) for the words from the beginning to "implementing" substitute where it first appears "The Bank of England may make";

(b) omit from "ESMA shall submit" to the end of the paragraph.