# Bank of England and Financial Services Act 2016, Paragraph 2


(1) Section 59 (approval for particular arrangements) is amended as follows.
(2) For subsection (6A) substitute—
“(6A) If the FCA is satisfied that a function of a description specified in rules made by the FCA under subsection (3)(a) or (b) is a senior management function as defined in section 59ZA, the FCA must designate the function in the rules as a senior management function.”
(3) Omit subsections (6B) and (6C).

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Source: https://www.legislation.gov.uk/ukpga/2016/14/schedule/4/paragraph/2 (the official version)
Page: https://openlegislation.uk/bank-of-england-and-financial-services-act-2016/schedule-4/paragraph-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.