# Financial Services Act 2012, Paragraph 12


(1) Section 64 (conduct of approved persons: statement and codes) is amended as follows.
(2) In subsection (2)—
(a) for “the Authority” substitute “ a regulator ”, and
(b) after “subsection (1)” insert “ or (1A) ”.
(3) In subsection (3)(a) to (c), for “Authority” substitute “ regulator issuing the code ”.
(4) In subsection (4)—
(a) for “The Authority” substitute “ A regulator ”, and
(b) after “issued” insert “ by it ”.
(5) In subsection (5)—
(a) after “replaced” insert “ by a regulator ”, and
(b) for “Authority” substitute “ regulator ”.
(6) In subsection (6)—
(a) for “the Authority”, in the first place, substitute “ the regulator that issued it ”, and
(b) for “the Authority”, in the second place, substitute “ that regulator ”.
(7) In subsection (10), for “The Authority” substitute “ A regulator ”.
(8) In subsection (11), for paragraph (b) substitute—
“(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).”
(9) In subsection (12)—
(a) for “The Authority” substitute “ A regulator ”, and
(b) after “published” insert “ by it ”.
(10) For subsection (13) substitute—
“(13) Any expression which is used both in this section and section 59 has the same meaning in this section as in that section.”

---
Source: https://www.legislation.gov.uk/ukpga/2012/21/schedule/5/paragraph/12 (the official version)
Page: https://openlegislation.uk/financial-services-act-2012/schedule-5/paragraph-12
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.