Section 23 of the Act of 2010 is amended -

(a) in subsection (1) -

(i) by the insertion of "or holding company" after "provider", and

(ii) by the insertion of "in relation to it" after "controlled function",

(b) in subsection (2) -

(i) by the insertion of "the appointment of" after "approve",

(ii) by the insertion of "or holding company" after "provider", and

(iii) by the insertion of "pre-approval" before "controlled",

(c) in subsection (6)(a), by the insertion of "or holding company" after "provider", and

(d) by the insertion of the following subsection after subsection (7):

"(8) Where -

(a) the Bank is considering under subsection (1) whether to approve an appointment,

(b) the appointment will be to perform a pre-approval controlled function in relation to a regulated financial service provider, and