# Financial Services Act 2012, Paragraph 11


(1) Paragraph 2 is amended as follows.
(2) In the following places, for “Authority” substitute “ appropriate regulator ”
(a) sub-paragraph (1)(b);
(b) in the first place in sub-paragraph (3).
(3) In sub-paragraph (3), after “transferred” insert “ certification ”.
(4) In sub-paragraph (6)(c), for “, the Authority” substitute
“—
(i) the PRA, if the transferee is a PRA-authorised person with a Part 4A permission or with permission under Schedule 4;
(ii) the FCA, if the transferee is a person with a Part 4A permission or with permission under Schedule 4 but is not a PRA-authorised person.”

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Source: https://www.legislation.gov.uk/ukpga/2012/21/schedule/6/paragraph/11 (the official version)
Page: https://openlegislation.uk/financial-services-act-2012/schedule-6/paragraph-11
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.