[120A Notice to the regulators and the Bank of England of preliminary steps]

[120A  Notice to the regulators and the Bank of England of preliminary steps]

[(1)     Section 120 shall apply to relevant firms as it applies to banks, except that for this purpose—

(a)     subsections (5) and (10) of that section have effect as if any reference to the PRA were a reference to the appropriate regulator, and

(b)     subsection (7) has effect as if for paragraph

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