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Paragraph 9A F1

(1)

The scheme operator must in respect of each of its financial years prepare an annual plan.

(2)

The plan must be prepared before the start of the financial year.

(3)

An annual plan in respect of a financial year must make provision about the use of the resources of the scheme operator.

(4)

The plan may include material relating to periods longer than the financial year in question.

(5)

Before preparing an annual plan, the scheme operator must consult such persons (if any) as the scheme operator considers appropriate.

(6)

The scheme operator must publish each annual plan in the way it considers appropriate.

Annotations

Textual amendments

F1

Sch. 17 para. 9A and crossheading inserted (24.1.2013 for specified purposes, 1.4.2013 in so far as not already in force) by Financial Services Act 2012 (c. 21), s. 122(3), Sch. 11 para. 23 (with Sch. 20); S.I. 2013/113, art. 2(1)(c), Sch. Pt. 3; S.I. 2013/423, art. 3, Sch.

Notes on Schedule 17

Modifications

C1

Sch. 17 applied (1.5.2009 for certain purposes and 1.11.2009 otherwise) by The Payment Services Regulations 2009 (S.I. 2009/209), regs. 1(2), 125 (with reg. 3)

C2

Sch. 17 applied (30.4.2011) by The Electronic Money Regulations 2011 (S.I. 2011/99), reg. 76(2) (with reg. 3)