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  1. Financial Services and Markets Bill (Royal Assent 29 June 2023)
  2. Schedules
  3. Schedule 2 Transitional amendments
  4. Schedule 2, Part 5 Amendments to the Central Counterparties (Amendment, etc., and Transitional Provision) (EU Exit Regulations 2018) (para. 51)
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Version status: Inserted
Version date: 23 March 2023 - onwards
    Version 1 of 1    

Schedule 2, Part 5 Amendments to the Central Counterparties (Amendment, etc., and Transitional Provision) (EU Exit Regulations 2018) (para. 51)

This format of the bill is taken from the text of stage Committee stage published on 23 March 2023 by House of Lords

Section 2

51

(1) Regulation 19B of the Central Counterparties (Amendment, etc., and Transitional Provision) (EU Exit) Regulations 2018 (S.I. 2018/1184) is amended as follows.

(2) In paragraph (2) for "one year" substitute "3 years and 6 months".

(3) After paragraph (3) insert -

"(4) The period determined by the Bank of England in a particular case under paragraph (2) (whenever determined) may be varied by the making of a subsequent determination."

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