{
  "url": "https://openlegislation.uk/financial-services-act-2012-consequential-amendments-and-transitional-provisions-no-3-order-2013/article-11",
  "json_url": "https://openlegislation.uk/financial-services-act-2012-consequential-amendments-and-transitional-provisions-no-3-order-2013/article-11.json",
  "legislation": "uksi/2013/1765",
  "legislation_title": "The Financial Services Act 2012 (Consequential Amendments and Transitional Provisions) (No. 3) Order 2013",
  "legislation_url": "https://openlegislation.uk/financial-services-act-2012-consequential-amendments-and-transitional-provisions-no-3-order-2013",
  "path": "article/11",
  "kind": "article",
  "number": "11",
  "heading": "The Financial Services Act 2012 (Transitional Provisions) (Permission and Approval) Order 2013",
  "text": "(1) The Financial Services Act 2012 (Transitional Provisions) (Permission and Approval) Order 2013 is amended as follows.\n(2) In article 4 (prohibitions, restrictions and assets requirements), after paragraph (4), insert—\n“(5) Where the requirement was imposed under section 196, a reference in this article to a provision in Part 4A is to be read as a reference to that provision as applied by section 196.”.\n(3) In article 7 (variation or cancellation of requirement in force before the commencement date)—\n(a) in paragraph (2), after “applies” insert “to a requirement treated as imposed under that Part”;\n(b) after paragraph (2), insert—\n“(2A) Section 200 (rescission and variation of requirements) applies to a requirement imposed under section 196 with the following modifications—\n(a) the FCA may vary or rescind the requirement with the consent of the PRA; and\n(b) the PRA may vary or rescind the requirement with the consent of the FCA.”;\n(c) in paragraph (3)—\n(i) after “(2)” insert “or (2A)”;\n(ii) in sub-paragraph (a), after “or 55M” insert “or its power of intervention under section 196 (the power of intervention)”;\n(d) in paragraph (5)—\n(i) in sub-paragraph (a), after “55L” insert “or, where article 3(6) applies (see article 3(5)), section 196”;\n(ii) in sub-paragraph (b), after “(2)” insert “or, as the case may be, (2A)”.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "S.I. 2013/440."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2013/1765/article/11",
    "retrieved_at": "2026-10-29T00:47:43.815662+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."
}