# The Financial Services Act 2012 (Transitional Provisions) (Rules and Miscellaneous Provisions) Order 2013, Article 12: Functions of the Oversight Committee


(1) Paragraphs (2) and (3) have effect until the commencement date.
(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”.
(3) Paragraph 15 of Schedule 1ZB to FSMA 2000 has effect as if—
(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
(b) in sub-paragraph (2) of that paragraph, for “that Committee” there were substituted “that sub-committee”.

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Source: https://www.legislation.gov.uk/uksi/2013/161/article/12 (the official version)
Page: https://openlegislation.uk/financial-services-act-2012-transitional-provisions-rules-and-miscellaneous-provisions-order-2013/article-12
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.