Regulation 19 Consultation on rules for the purposes of Article 35 or 37 to 41 of the directive

In regulation 6, for paragraph (1) substitute—

“(1)

Before the date on which the Treasury makes regulations under regulation 1(3) appointing the day when the amendments in Schedule 1 to these Regulations come into force, the FCA or the PRA may make rules for the purpose of the provisions amended by Schedule 1 without complying with sections 138I to 138L of the Act (consultation)^f1.”.

In the heading to regulation 6, for “Article 35 or 37 to 41 of the directive” substitute “the provisions amended by Schedule 1”.