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Section 75: Banking Act 2009: miscellaneous amendments

Financial Services and Markets Act 2023 · 2023 c. 29View on legislation.gov.uk

Part 6: Miscellaneous

The Banking Act 2009 is amended as follows.

In section 7A (effect on other group members, financial stability in UK etc)—

in subsection (1), for “(4)(b)(ii)” substitute ;“(4), (4B)(b),”
after subsection (1) insert—

(1A)Subsection (1) does not apply in relation to a requirement under section 3A(4) for a person to maintain (but not issue) a particular kind of bail-in liability.

In section 83ZD (appointment of person to carry out investigations in particular cases), in subsection (3)(a), for “83ZN” substitute .“83ZR”

In section 89H (recognition of third-country resolution actions), in subsection (7), in the definition of “third-country resolution action”—

in the words before paragraph (a), for “, third country parent undertaking or a bank, building society, credit union or investment firm” substitute ;“or third-country parent undertaking”
in paragraph (a), omit “or a bank, building society, credit union or investment firm”.

In section 182 (interpretation: “payment system”)—

in subsection (1), after “arrangements” insert ;“, or proposed arrangements,”
in subsection (5), after “operates” insert .“, or is intended to operate,”

In section 244 (immunity), in subsection (2)(c) after “2000,” insert .“of its functions under, or as a result of regulations made under, the Financial Services and Markets Act 2023,”

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This legislation text comes from legislation.gov.uk. Contains public sector information licensed under the Open Government Licence v3.0. These source and reuse terms cover the legislation text, not Remedy's commentary.

Reuse reviewed 21 August 2026 under Open Government Licence v3.0.