{
  "url": "https://openlegislation.uk/financial-services-and-markets-act-2000-consequential-amendments-and-repeals-order-2001/article-541",
  "json_url": "https://openlegislation.uk/financial-services-and-markets-act-2000-consequential-amendments-and-repeals-order-2001/article-541.json",
  "legislation": "uksi/2001/3649",
  "legislation_title": "The Financial Services and Markets Act 2000 (Consequential Amendments and Repeals) Order 2001",
  "legislation_url": "https://openlegislation.uk/financial-services-and-markets-act-2000-consequential-amendments-and-repeals-order-2001",
  "path": "article/541",
  "kind": "article",
  "number": "541",
  "heading": "Interest on unpaid levies",
  "text": "The National Park Authorities (Levies) (England) Regulations 1996 are amended as follows—\n(a) for paragraph (3)(a) of regulation 8 (interest on unpaid levies) substitute—\n“(a) the reference banks are the seven largest persons who-\n(i) have permission under Part 4 of the Financial Services and Markets Act 2000 to accept deposits,\n(ii) are incorporated in the United Kingdom and carrying on there a regulated activity of accepting deposits, and;\n(iii) quote a base rate in sterling, and”;\n(b) in paragraph (3)(b) of regulation 8, for “an institution” substitute “a person” and for “its” (in both places) substitute “his”;\n(c) paragraph (4)(a) of regulation 8 is revoked;\n(d) in paragraph (4)(b) of regulation 8, for “that institution” the first time it appears substitute “a person” and the second time it appears substitute “that person”;\n(e) after paragraph (4) of regulation 8 insert—\n“(5) Paragraph (3)(a) must be read with—\n(a) section 22 of the Financial Services and Markets Act 2000;\n(b) any relevant order under that section; and\n(c) Schedule 2 to that Act.”.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "I",
      "label": "I1",
      "text": "Art. 541 in force at 1.12.2001, see art. 1"
    },
    {
      "type": "footnote",
      "label": "f1",
      "text": "Regulation 8(3) was amended by S.I. 1998/1129."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2001/3649/article/541",
    "retrieved_at": "2026-10-29T07:23:30.014012+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."
}