Section 312M(3)

In the application of Part 9A to rules made by the FCA or the PRA under this section, the following provisions apply with the modifications specified in this subsection— section 137T (general supplementary powers) applies as if— the reference in paragraph (a) to “authorised persons, activity or investment” were a reference to “critical third parties or services”, and in paragraph (b) for the words from “as” to the end there were substituted “or the Bank, or standards issued by any other person, as those rules or standards have effect from time to time,”; section 138B (publication of directions) applies as if subsection (4) were omitted; section 138F (notification of rules) applies as if subsections (1A) and (2) were omitted; section 138I (consultation) applies as if the reference in subsection (1)(a) to the “PRA” were a reference to the “PRA and the Bank”; section 138J (consultation) applies as if the reference in subsection (1)(a) to the “FCA” were a reference to the “FCA and the Bank”.

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Source: legislation.gov.uk · retrieved 2026-09-04