{
  "url": "https://openlegislation.uk/financial-services-act-2012/schedule-5/paragraph-12",
  "json_url": "https://openlegislation.uk/financial-services-act-2012/schedule-5/paragraph-12.json",
  "legislation": "ukpga/2012/21",
  "legislation_title": "Financial Services Act 2012",
  "legislation_url": "https://openlegislation.uk/financial-services-act-2012",
  "path": "schedule/5/paragraph/12",
  "kind": "paragraph",
  "number": "12",
  "heading": null,
  "text": "(1) Section 64 (conduct of approved persons: statement and codes) is amended as follows.\n(2) In subsection (2)—\n(a) for “the Authority” substitute “ a regulator ”, and\n(b) after “subsection (1)” insert “ or (1A) ”.\n(3) In subsection (3)(a) to (c), for “Authority” substitute “ regulator issuing the code ”.\n(4) In subsection (4)—\n(a) for “The Authority” substitute “ A regulator ”, and\n(b) after “issued” insert “ by it ”.\n(5) In subsection (5)—\n(a) after “replaced” insert “ by a regulator ”, and\n(b) for “Authority” substitute “ regulator ”.\n(6) In subsection (6)—\n(a) for “the Authority”, in the first place, substitute “ the regulator that issued it ”, and\n(b) for “the Authority”, in the second place, substitute “ that regulator ”.\n(7) In subsection (10), for “The Authority” substitute “ A regulator ”.\n(8) In subsection (11), for paragraph (b) substitute—\n“(b) is to be treated for the purposes of section 1B(6)(a) as part of the FCA's rule-making functions (where the power is exercisable by the FCA) and is to be treated for the purposes of section 2J(1)(a) as part of the PRA's rule-making functions (where the power is exercisable by the PRA).”\n(9) In subsection (12)—\n(a) for “The Authority” substitute “ A regulator ”, and\n(b) after “published” insert “ by it ”.\n(10) For subsection (13) substitute—\n“(13) Any expression which is used both in this section and section 59 has the same meaning in this section as in that section.”",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "I",
      "label": "I1",
      "text": "Sch. 5 para. 12 in force at 24.1.2013 for specified purposes by S.I. 2013/113, art. 2(1)(c), Sch. Pt. 3"
    },
    {
      "type": "I",
      "label": "I2",
      "text": "Sch. 5 para. 12 in force at 1.4.2013 in so far as not already in force by S.I. 2013/423, art. 3, Sch."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2012/21/schedule/5/paragraph/12",
    "retrieved_at": "2026-10-29T09:08:36.918830+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."
}