Banking Act 2009
10 The Banking Act 2009 is amended as follows.
11 In section 259 (statutory instruments), in subsection (3), in the Table, after the entry for section 206A (services forming part of recognised payment systems) insert -
"Part 5A - Wholesale cash distribution |
206M |
Bank of England directions: immunity |
Negative resolution |
206Z |
Fees regulations |
Negative resolution |
206Z4 |
Information |
Negative resolution |
206Z6 |
Power to disapply regulation and enforcement provisions |
Draft affirmative resolution" |
12 In section 261 (index of defined terms) -
(a) in the entry for "FCA", in the second column, for "& 183" substitute ", 183 & 206F";
(b) in the entry for "Payment Systems Regulator", in the second column, after "183" insert "& 206F";
(c) in the entry for "PRA", in the second column, for "& 183" substitute ", 183 & 206F".
Financial Services Act 2012
13 The Financial Services Act 2012 is amended as follows.
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