# Financial Services Act 2012, Paragraph 15


(1) Paragraph 23 (power to impose requirements) is amended as follows.
(2) For “the Authority”, in each place, substitute “ the FCA ”.
(3) In sub-paragraph (1)(a), for “Part IV permission” substitute “ Part 4A permission ”.
(4) In sub-paragraphs (2) and (2A), for “section 45” substitute “ section 55L or 55M ”.
(5) After sub-paragraph (2A) insert—
“(2B) This paragraph does not affect any duty of the FCA to consult the PRA before exercising its power under section 55L or 55M.”

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Source: https://www.legislation.gov.uk/ukpga/2012/21/schedule/4/paragraph/15 (the official version)
Page: https://openlegislation.uk/financial-services-act-2012/schedule-4/paragraph-15
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.