{
  "url": "https://openlegislation.uk/financial-services-act-2012/schedule-6/paragraph-3",
  "json_url": "https://openlegislation.uk/financial-services-act-2012/schedule-6/paragraph-3.json",
  "legislation": "ukpga/2012/21",
  "legislation_title": "Financial Services Act 2012",
  "legislation_url": "https://openlegislation.uk/financial-services-act-2012",
  "path": "schedule/6/paragraph/3",
  "kind": "paragraph",
  "number": "3",
  "heading": null,
  "text": "(1) Section 109 (scheme reports) is amended as follows.\n(2) For “Authority”, in each place, substitute “ appropriate regulator ”.\n(3) After subsection (3) insert—\n“(4) Where the appropriate regulator is the PRA, it must consult the FCA before—\n(a) nominating or approving a person under subsection (2)(b), or\n(b) approving a form under subsection (3).\n(5) Subsection (6) applies where the appropriate regulator is the FCA and either—\n(a) the transferee is a PRA-authorised person, or\n(b) the authorised person concerned or the transferee has as a member of its immediate group a PRA-authorised person.\n(6) The FCA must consult the PRA before—\n(a) nominating or approving a person under subsection (2)(b), or\n(b) approving a form under subsection (3).”",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "I",
      "label": "I1",
      "text": "Sch. 6 para. 3 in force at 1.4.2013 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/6/paragraph/3",
    "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."
}