# Financial Services (Banking Reform) Act 2013, Paragraph 7


(1) Schedule 1ZA to FSMA 2000 (the Financial Conduct Authority) is amended as follows.
(2) In paragraph 8 (arrangements for discharging functions), after sub-paragraph (4) insert—
“(5) In respect of the exercise of a function under Part 1 of the Competition Act 1998, the power in sub-paragraph (1) is subject to provision in rules made under section 51 of that Act by virtue of paragraph 1A of Schedule 9 to that Act.”
(3) In paragraph 23 (fees), after sub-paragraph (2) insert—
“(2A) The functions referred to in sub-paragraph (1)(a) include functions of the FCA under the Competition Act 1998 or the Enterprise Act 2002 as a result of Part 16A of this Act; but this sub-paragraph is not to be regarded as limiting the effect of the definition of “functions” in paragraph 1.”

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Source: https://www.legislation.gov.uk/ukpga/2013/33/schedule/8/paragraph/7 (the official version)
Page: https://openlegislation.uk/financial-services-banking-reform-act-2013/schedule-8/paragraph-7
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

