[339C PRA-authorised persons to which this section applies]

[339C  PRA-authorised persons to which this section applies]

[(1)     This section applies to a PRA-authorised person which—

(a)     is a UK institution,

(b)     meets condition A or B,

(c)     is not an insurer or a credit union, and

(d)     is, in the opinion of the PRA, important to the stability of the UK financial system.

(2)     Condition A is that the person has permission under Part 4A to carry on the regulated activity of accepting deposits.

(3)     Condition B is that—

(a)     the person is an investment firm that has permission under Part 4A to carry on the regulated activity of dealing in investments

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