# Financial Services Act 2012, Paragraph 79


(1) The Finance Act 1994 is amended as follows.
(2) In Schedule 7 (insurance premium tax), in paragraph 28B—
(a) in sub-paragraph (1)—
(i) for “the Financial Services Authority (“the Authority”)” substitute “ a regulator ”, and
(ii) for “assisting the Authority” substitute “ assisting the regulator ”, and
(b) in sub-paragraph (2)—
(i) for “the Authority”, in the first place, substitute “ a regulator ”, and
(ii) for “the Authority”, in the second place, substitute “ the regulator ”.
(c) after that sub-paragraph insert—
“(3) In this paragraph “regulator” means—
(a) the Financial Conduct Authority;
(b) the Prudential Regulation Authority.”
(3) In Schedule 24 (provisions relating to the Railways Act 1993), in paragraph 19(7), in the definition of “securities”, for “section 74(5)” substitute “ section 102A(2) ”.

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Source: https://www.legislation.gov.uk/ukpga/2012/21/schedule/18/paragraph/79 (the official version)
Page: https://openlegislation.uk/financial-services-act-2012/schedule-18/paragraph-79
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.