{
  "url": "https://openlegislation.uk/financial-services-act-2012-transitional-provisions-rules-and-miscellaneous-provisions-order-2013/article-12",
  "json_url": "https://openlegislation.uk/financial-services-act-2012-transitional-provisions-rules-and-miscellaneous-provisions-order-2013/article-12.json",
  "legislation": "uksi/2013/161",
  "legislation_title": "The Financial Services Act 2012 (Transitional Provisions) (Rules and Miscellaneous Provisions) Order 2013",
  "legislation_url": "https://openlegislation.uk/financial-services-act-2012-transitional-provisions-rules-and-miscellaneous-provisions-order-2013",
  "path": "article/12",
  "kind": "article",
  "number": "12",
  "heading": "Functions of the Oversight Committee",
  "text": "(1) Paragraphs (2) and (3) have effect until the commencement date.\n(2) Paragraphs 5 and 9 of Schedule 2A to the Bank of England Act 1998 (the Financial Policy Committee) have effect as if for “the Oversight Committee”, in each place, there were substituted “the sub-committee constituted under section 3 of that Act”.\n(3) Paragraph 15 of Schedule 1ZB to FSMA 2000 has effect as if—\n(a) in sub-paragraph (1) of that paragraph, for “the Oversight Committee” there were substituted “the sub-committee of the court of directors of the Bank constituted under section 3 of the Bank of England Act 1998”; and\n(b) in sub-paragraph (2) of that paragraph, for “that Committee” there were substituted “that sub-committee”.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "1998 c.11. Schedule 2A is inserted by Schedule 1 to the 2012 Act."
    },
    {
      "type": "footnote",
      "label": "f2",
      "text": "Schedule 1ZB is inserted by Schedule 3 to the 2012 Act."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2013/161/article/12",
    "retrieved_at": "2026-10-29T01:06:06.810527+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."
}