(1) Section 71I [Section 71I was inserted by S.I. 2016/1239.] (sections 71B to 71H: interpretation) is amended as follows.

(2) In subsection (2)(b) for "an EEA parent" substitute "a UK parent".

(3) In subsection (3) -

(a) for "an EEA parent" substitute "a UK parent";

(b) for "any EEA state" substitute "the United Kingdom".

(4) In subsection (4) for "Article 2.1(2) and 2.1(3) of the recovery and resolution directive" substitute "article 2(1) of the Bank Recovery and Resolution (No. 2) Order 2014".

(5) In subsection (5) -

(a) in the definition of "consolidating supervisor", for "an EEA parent" substitute "a UK parent";

(b) omit the definition of "the recovery and resolution directive".