{
  "url": "https://openlegislation.uk/financial-services-and-markets-act-2000-consequential-amendments-and-transitional-provisions-credit-unions-order-2002/article-16",
  "json_url": "https://openlegislation.uk/financial-services-and-markets-act-2000-consequential-amendments-and-transitional-provisions-credit-unions-order-2002/article-16.json",
  "legislation": "uksi/2002/1501",
  "legislation_title": "The Financial Services and Markets Act 2000 (Consequential Amendments and Transitional Provisions) (Credit Unions) Order 2002",
  "legislation_url": "https://openlegislation.uk/financial-services-and-markets-act-2000-consequential-amendments-and-transitional-provisions-credit-unions-order-2002",
  "path": "article/16",
  "kind": "article",
  "number": "16",
  "heading": "Cost benefit analyses",
  "text": "(1) Paragraph (3)(a) of article 14 and paragraph (6)(a) of article 15 do not apply if the Authority” considers—\n(a) that, making the appropriate comparison, there will be no increase in costs; or\n(b) that, making that comparison, there will be an increase in costs but the increase will be of minimal significance.\n(2) In making the appropriate comparison, the Authority” may disregard the repeal, revocation or lapsing at commencement of any enactment, subordinate legislation or other instrument or provision.\n(3) In this article, “the appropriate comparison” means a comparison between the overall position if the rules are made (or guidance is given) and the overall position if they are not made (or not given).",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [
    {
      "type": "words substituted",
      "affecting": "uksi/2013/472",
      "affecting_title": "The Financial Services Act 2012 (Consequential Amendments and Transitional Provisions) Order 2013"
    }
  ],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2002/1501/article/16",
    "retrieved_at": "2026-10-29T06:54:54.243801+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."
}