In Article 2 -

(a) in paragraph 1, for "Union", substitute "United Kingdom";

(b) in paragraph 2 -

(i) in point (c), for "point 1.3 of Part 1 of Annex VI to Directive 2006/48/EC", substitute "Article 114 and Article 137 of Regulation (EU) No 575/2013";

(ii) in point (d), for "the central banks", substitute "central banks";

(iii) in point (d)(iv), for "respective central banks' Member States", substitute "United Kingdom Government";

(c) in paragraph 4 -

(i) for "the Commission", in each place it occurs, substitute "the Treasury";

(ii) omit, "upon submission of a request by a Member State, in accordance with the regulatory procedure referred to in Article 38(3) and".