{
  "url": "https://openlegislation.uk/financial-services-act-2021/schedule-1/paragraph-12",
  "json_url": "https://openlegislation.uk/financial-services-act-2021/schedule-1/paragraph-12.json",
  "legislation": "ukpga/2021/22",
  "legislation_title": "Financial Services Act 2021",
  "legislation_url": "https://openlegislation.uk/financial-services-act-2021",
  "path": "schedule/1/paragraph/12",
  "kind": "paragraph",
  "number": "12",
  "heading": null,
  "text": "(1) Article 82(a) (Qualifying Additional Tier 1, Tier 1, Tier 2 capital and qualifying own funds) is amended as follows.\n(2) After point (ii) insert—\n“(iia) an intermediate financial holding company or intermediate mixed financial holding company that is subject to the requirements of this Regulation on a sub-consolidated basis;\n(iib) an intermediate investment holding company that is subject to the requirements of Part 9C rules on a consolidated basis;\n(iic) an FCA investment firm;”.\n(3) In point (iii)—\n(a) after “subject to prudential requirements” insert “ which are ”,\n(b) for “where” substitute “ which ”, and\n(c) omit “that those prudential requirements”.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "I",
      "label": "I1",
      "text": "Sch. 1 para. 12 in force at 1.1.2022 by S.I. 2021/671, reg. 5(1)(b) (with reg. 5(2)) (as amended by S.I. 2021/1163, regs. 1(2), 2)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2021/22/schedule/1/paragraph/12",
    "retrieved_at": "2026-10-29T08:58:30.216487+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."
}