# Financial Services and Markets Act 2000, Section 103A: Meaning of “the appropriate regulator”

Extent: E+W+S+N.I.

(1) In this Part “the appropriate regulator” means—
(a) in relation to a ring-fencing transfer scheme or a scheme (other than a ring-fencing transfer scheme) in respect of which the transferor concerned is a PRA-authorised person, the PRA;
(b) in any other case, the FCA.
(2) In this Part, “the transferor concerned”—
(a) in the case of an insurance business transfer scheme, is to be read in accordance with section 105(2);
(b) in the case of a banking business transfer scheme, is to be read in accordance with section 106(2);
(c) in the case of a reclaim fund business transfer scheme, means the reclaim fund to whose business the scheme relates.
(d) in the case of a ring-fencing transfer scheme, means the body to whose business the scheme relates.

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Source: https://www.legislation.gov.uk/ukpga/2000/8/section/103A (the official version)
Page: https://openlegislation.uk/financial-services-and-markets-act-2000/section-103A
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.