# Financial Services Act 1986 (repealed), Paragraph 34

Extent: E+W+S+N.I.

(1) A transferee body to which the Commission has transferred any legislative functions may exercise those functions without the consent of the Secretary of State.
(2) In this paragraph “legislative functions” means the functions of issuing or making statements of principle, rules, regulations or codes of practice.

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Source: https://www.legislation.gov.uk/ukpga/1986/60/schedule/11/paragraph/34 (the official version)
Page: https://openlegislation.uk/financial-services-act-1986-repealed/schedule-11/paragraph-34
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.