OpenLegislation

Paragraph 48 The Financial Services and Markets Act 2000 (Rights of Action) Regulations 2001I1

United Kingdom

In the Financial Services and Markets Act 2000 (Rights of Action) Regulations 2001f1—

(a)

in regulations 4(1) (authorised person acting otherwise than in accordance with permission) and 7(1) (incoming firms), for “the Authority” substitute “the FCA or the PRA”;

(b)

in regulation 6 (Authority rules)—

(i)

in the heading omit “Authority”;

(ii)

in paragraph (1), for “150(5)” substitute “138D(6)”;

(iii)

in paragraph (2), for “150(3)” substitute “138D(4)”;

(iv)

in paragraph (4)(b), for “150(4)” substitute “138D(5)”.

Annotations

Commencement

I1

Sch. 2 para. 48 in force at 1.4.2013, see art. 1(1)

Footnotes

f1

S.I. 2001/2256, amended by S.I. 2002/2706. There are other amending instruments but none is relevant.