Part 10 Consequential etc Provision
Financial Services and Markets Act 2023 (2023 c 29) | Legislation

Part 10 Consequential etc Provision

Bank of England Act 1998

159

In section 7D of the Bank of England Act 1998 (examination by Comptroller and Auditor General), in subsection (10)—

(a)     in the definition of “resolution functions†after paragraph (b) insert—

“(ba)     Schedule 11 to the Financial Services and Markets Act 2023,â€;

(b)     for the definition of “stabilisation powers†substitute—

““stabilisation powers†means a stabilisation power within the meaning given by section 1(4) of the Banking Act 2009 or paragraph 1(4) of Schedule 11 to the Financial Services and Markets Act 2023.â€

Financial Services and Markets Act 2000

160

(1)     FSMA 2000 is amended as follows.

(2)     In section 77 (discontinuance and suspension of listing), in subsection (3A), after “2009†insert “or paragraph 44 or 65 of Schedule 11 to the Financial Services and Markets Act 2023â€.

(3)     In section 78 (discontinuance or suspension: procedure)—

(a)     in subsection (10)(a), after “2009,†insert “or paragraph 44 or 65 of Schedule 11 to the Financial Services and Markets Act 2023â€;

(b)     in subsection (14), after “2009†insert “or paragraph 44 or 65 of Schedule 11 to the Financial Services and

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