# Financial Services and Markets Act 2000, Section 142I: Powers of Treasury in relation to ring-fencing rules

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

(1) The Treasury may by order require the appropriate regulator, as defined in section 142H(8), to include (or not to include) in ring-fencing rules specified provision relating to—
(a) any of the matters mentioned in section 142H(5)(a) to (g), or
(b) any other specified matter.
(2) The power to make an order under this section is exercisable only if the Treasury consider it necessary or expedient to do so—
(a) for any of the group ring-fencing purposes as defined in section 142H(4), or
(b) otherwise for securing the independence of ring-fenced bodies from other members of their groups.
(3) “Specified” means specified in the order.

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Source: https://www.legislation.gov.uk/ukpga/2000/8/section/142I (the official version)
Page: https://openlegislation.uk/financial-services-and-markets-act-2000/section-142I
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.