{
  "url": "https://openlegislation.uk/draft-short-selling-regulations-2024/schedule-2/paragraph-3",
  "json_url": "https://openlegislation.uk/draft-short-selling-regulations-2024/schedule-2/paragraph-3.json",
  "legislation": "ukdsi/2024/9780348265538",
  "legislation_title": "The Short Selling Regulations 2024",
  "legislation_url": "https://openlegislation.uk/draft-short-selling-regulations-2024",
  "path": "schedule/2/paragraph/3",
  "kind": "paragraph",
  "number": "3",
  "heading": "Amendment of the Financial Services Act 2012",
  "text": "(1) The Financial Services Act 2012 is amended as follows.\n(2) Omit section 25 (functions related to short selling).\n(3) In section 85(4)(c)(i) (relevant functions in relation to complaints scheme), omit “131J,”.\n(4) In section 109(5) (payments to Treasury of penalties received by Financial Services Authority), omit paragraph (i).",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "2012 c. 21."
    },
    {
      "type": "footnote",
      "label": "f2",
      "text": "Section 85(4)(c)(i) was amended by section 35 of and Schedule 3 to the Financial Services (Banking Reform) Act 2013 (c. 33) and by section 25 of and Schedule 3 to the Financial Guidance and Claims Act 2018 (c. 10)."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukdsi/2024/9780348265538/schedule/2/paragraph/3",
    "retrieved_at": "2026-10-30T14:40:14.742662+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."
}