# The Financial Services and Markets Act 2000 (Financial Promotion) (Amendment) Order 2023, Paragraph 10: Modification to section 138A (modification or waiver of rules)


Section 138A (modification or waiver of rules) applies as if—
(a) subsection (2) was omitted;
(b) in subsection (4), for paragraph (b) there was substituted—
“(b) the direction would not adversely affect—
(i) the securing of an appropriate degree of protection for persons who receive, have received or may receive invitations or inducements to engage in investment activity in relation to qualifying cryptoassets, and
(ii) the advancement of any of the regulator’s objectives.”.

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Source: https://www.legislation.gov.uk/ukdsi/2023/9780348246490/schedule/paragraph/10 (the official version)
Page: https://openlegislation.uk/draft-financial-services-and-markets-act-2000-financial-promotion-amendment-order-2023/schedule/paragraph-10
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.