Schedule 12: Write-down orders Part 5 – Consequential amendments
Paragraph 8 of Schedule 12 is self-explanatory.
	Paragraph 9 of Schedule 12 amends section 348 of FSMA 2000 to make the write-down manager a "primary recipient", which means certain provisions restricting the disclosure of confidential information in FSMA 2000 have effect in relation to the write-down manager.
	Paragraph 10 of Schedule 12 amends section 429 (2B) of FSMA 2000 to require that any regulations made by HM Treasury pursuant to the power in paragraph 3(4) or paragraph 9(3) of Schedule 19B be approved by Parliament.
	Paragraph 11 of Schedule 12 amends Schedule 1ZB to FSMA 2000 to ensure a member of staff of the PRA acting as a write-down manager is exempt from liability in damages for anything they do or omit to do in so acting.
	Paragraph 12 of Schedule 12 amends Part 1 of Schedule 1 of the Financial Services and Markets Act 2000 (Disclosure of Confidential Information) Regulations 2001 to ensure that a write-down manager appointed under section 377G can obtain confidential information where this information relates to the write-down manager’s functions concerning the write-down order.