{
  "url": "https://openlegislation.uk/financial-services-and-markets-act-2023/schedule-2/paragraph-27",
  "json_url": "https://openlegislation.uk/financial-services-and-markets-act-2023/schedule-2/paragraph-27.json",
  "legislation": "ukpga/2023/29",
  "legislation_title": "Financial Services and Markets Act 2023",
  "legislation_url": "https://openlegislation.uk/financial-services-and-markets-act-2023",
  "path": "schedule/2/paragraph/27",
  "kind": "paragraph",
  "number": "27",
  "heading": null,
  "text": "(1) Article 50D (FCA rules) is amended as follows.\n(2) In paragraph 1—\n(a) for “Article 46(6B) or 48A” substitute “this Regulation”;\n(b) for “modification in paragraph 3” substitute “modifications in paragraphs 2A and 3”.\n(3) In paragraph 2(b) after “damages)” insert “and section 138EA (matters to consider when making rules)”.\n(4) After paragraph 2 insert—\n“2A. In its application to rules made under Article 31, section 138I has effect as if the reference to the PRA in subsection (1)(a) were a reference to the Bank of England.”\n(5) In paragraph 3, for the words after “authorised persons” substitute “included a reference to persons who are not authorised persons but to whom any of the rules made by the FCA under this Regulation apply”.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "I",
      "label": "I1",
      "text": "Sch. 2 para. 27 not in force at Royal Assent, see s. 86(3)"
    },
    {
      "type": "I",
      "label": "I2",
      "text": "Sch. 2 para. 27 in force at 29.10.2024 for specified purposes by S.I. 2024/1071, reg. 3(b)(ix)"
    },
    {
      "type": "I",
      "label": "I3",
      "text": "Sch. 2 para. 27 in force at 31.3.2025 in so far as not already in force by S.I. 2024/1071, reg. 6(b)(iii)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2023/29/schedule/2/paragraph/27",
    "retrieved_at": "2026-10-29T08:52:13.792774+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."
}