[290ZB Variation of CSD recognition order]
[290ZB Variation of CSD recognition order]

[(1)     Where the Bank of England—

(a)     grants an authorisation in accordance with Article 19(1), 54 or 56 of the CSD regulation,

(b)     receives a notification under Article 19 of that regulation, or

(c)     decides to withdraw authorisation for a service, activity or financial instrument in accordance with Article 20(4) or 57(4) of that regulation,

the Bank of England must vary the CSD recognition order accordingly.

(2)     Where an authorisation to provide investment services and activities in addition to the services explicitly listed in Sections A and B of the Annex to the CSD regulation is granted, varied or withdrawn, the Bank of England must vary the CSD recognition order accordingly.

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