AI Summary of Schedule 1, Part 5 Amendments of Central Bank Act 1997
The schedule lists four legislative amendments to specific provisions. Section 2(1), definition of 'the Bank', is amended by deleting the words "and Financial Services Authority". Section 75(8) is amended by deleting paragraph (b) of the definition of 'appropriate person' and by substituting the definition of 'responsible authority' with the wording: 'responsible authority' means the Head of Financial Regulation.
Section 77(1) is amended by deleting the words "or constituent part".
Schedule 1, Part 5 Amendments of Central Bank Act 1997
|
Item |
Provision affected |
Amendment |
|---|---|---|
|
1 |
Section 2(1), definition of "the Bank" |
Delete "and Financial Services Authority". |
|
2 |
Section 75(8), definition of "appropriate person", paragraph (b) |
Delete. |
|
3 |
Section 75(8), definition of "responsible authority" |
Substitute: "‘responsible authority' means the Head of Financial Regulation.". |
|
4 |
Delete "or constituent part". |