Paragraph 54 I1

(1)

Section 83Z1 (delegation of enforcement functions) is amended as follows.

(2)

In subsection (1)—

(a)

for “appropriate regulator” substitute “ FCA ”;

(b)

for “that regulator” substitute “ the FCA ”.

(3)

Omit subsection (2)(b).

(4)

In subsection (3), for “appropriate regulator” substitute “ FCA ”.

Annotations