# The Financial Services and Markets Act 2000 (Amendment) (EU Exit) Regulations 2019, Regulation 20: Section 55Q (exercise of power in support of overseas regulator)


(1) Section 55Q (exercise of power in support of overseas regulator) is amended as follows.
(2) Omit subsection (4).
(3) In subsection (5), in the words before paragraph (a), for the words from “do so” to “EU obligation, it” substitute “exercise its own-initiative powers in response to a request, the UK regulator”.
(4) Omit subsection (7).
(5) In subsection (8), for “subsection” substitute “subsections (5) and”.

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Source: https://www.legislation.gov.uk/ukdsi/2019/9780111179970/regulation/20 (the official version)
Page: https://openlegislation.uk/draft-financial-services-and-markets-act-2000-amendment-eu-exit-regulations-2019/regulation-20
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.