{
  "url": "https://openlegislation.uk/draft-insurance-distribution-regulated-activities-and-miscellaneous-amendments-regulations-2024/introduction",
  "json_url": "https://openlegislation.uk/draft-insurance-distribution-regulated-activities-and-miscellaneous-amendments-regulations-2024/introduction.json",
  "legislation": "ukdsi/2024/9780348264746",
  "legislation_title": "The Insurance Distribution (Regulated Activities and Miscellaneous Amendments) Regulations 2024",
  "legislation_url": "https://openlegislation.uk/draft-insurance-distribution-regulated-activities-and-miscellaneous-amendments-regulations-2024",
  "path": "introduction",
  "kind": "introduction",
  "number": null,
  "heading": "Introductory text",
  "text": "Draft Regulations laid before Parliament under paragraph 26 of Schedule 2 to the Financial Services and Markets Act 2000 (c. 8), and sections 5(3) and 84(5) of the Financial Services and Markets Act 2023 (c. 29), for approval by resolution of each House of Parliament.\nFINANCIAL SERVICES AND MARKETS\nMade ***\nComing into force 1st January 2025\nThe Treasury make these Regulations in exercise of the powers conferred by sections 22(1) and (5) and 428(3) of, and paragraph 25(1)(a) of Schedule 2 to, the Financial Services and Markets Act 2000, and sections 5(1), 83(1) and (2) of the Financial Services and Markets Act 2023.\nIn the opinion of the Treasury, one of the effects of these Regulations is that an activity which is not a regulated activity will become a regulated activity.\nIn accordance with paragraph 26 of Schedule 2 to the Financial Services and Markets Act 2000 and sections 5(3) and 84(5) of the Financial Services and Markets Act 2023, a draft of these Regulations has been laid before, and approved by a resolution of, each House of Parliament.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "2000 c. 8."
    },
    {
      "type": "footnote",
      "label": "f2",
      "text": "2023 c. 29."
    },
    {
      "type": "footnote",
      "label": "f3",
      "text": "For the meaning of “affirmative procedure”, see 84(3) of the Financial Services and Markets Act 2023 (c. 29)."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukdsi/2024/9780348264746/introduction",
    "retrieved_at": "2026-10-30T14:40:24.990322+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}