# The Benchmarks (Amendment and Transitional Provision) (EU Exit) Regulations 2019, Regulation 17: Mandatory administration of a critical benchmark


(1) Article 21 (mandatory administration of a critical benchmark) is amended as follows.
(2) In paragraph 1, in point (a), for “its competent authority” substitute “the FCA”.
(3) In paragraph 2—
(a) in the first subparagraph--
(i) in the opening words, for “the competent authority” substitute “the FCA”;
(ii) omit point (a);
(b) in the second subparagraph, for “the competent authority” substitute “the FCA”.
(4) In paragraphs 3 and 4, for “the competent authority”, each time it occurs, substitute “the FCA”.

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Source: https://www.legislation.gov.uk/ukdsi/2019/9780111179208/regulation/17 (the official version)
Page: https://openlegislation.uk/draft-benchmarks-amendment-and-transitional-provision-eu-exit-regulations-2019/regulation-17
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.