Introductory text

Draft Regulations laid before Parliament under section 11(11) of the Civil Liability Act 2018 and section 429(2) of the Financial Services and Markets Act 2000 for approval by a resolution of each House of Parliament.

Financial Services And Markets

Made ***

Coming into force in accordance with regulation 1

The Treasury make the following Regulations in exercise of the powers conferred by sections 11 and 12(4) of the Civil Liability Act 2018^f1 and sections 284A and 428 of the Financial Services and Markets Act 2000^f2.

In accordance with section 11 of the Civil Liability Act 2018 and section 429(2) of the Financial Services and Markets Act 2000, a draft of these Regulations was laid before Parliament and approved by a resolution of each House of Parliament.

Annotations

Footnotes

f1: 2018 c. 29.
f2: 2000 c. 8. Section 284A was inserted by section 31 of the Bank of England and Financial Services Act 2016 (c. 14) and was amended by S.I. 2019/407. Section 429(2) was amended by paragraph 12 of Schedule 15 to the Companies Act 2006 (c. 46), section 178 of the Banking Act 2009 (c. 1), paragraph 33 of Schedule 2 to the Financial Services Act 2010 (c. 28), section 136(3) of the Financial Services (Banking Reform) Act 2013 (c. 33), paragraph 12 of Schedule 3 to the Pensions Schemes Act 2015 (c. 8), and paragraph 20 of Schedule 3 to the Financial Services Act 2012 (c. 12). There are other amendments to section 429 but none are relevant here.