{
  "url": "https://openlegislation.uk/northern-rock-plc-transfer-order-2008/article-16",
  "json_url": "https://openlegislation.uk/northern-rock-plc-transfer-order-2008/article-16.json",
  "legislation": "uksi/2008/432",
  "legislation_title": "The Northern Rock plc Transfer Order 2008",
  "legislation_url": "https://openlegislation.uk/northern-rock-plc-transfer-order-2008",
  "path": "article/16",
  "kind": "article",
  "number": "16",
  "heading": "Modification to Authority’s duty to consult on rule changes",
  "text": "(1) Section 155(7) of FSMA 2000 (consultation) has effect as if modified by adding at the end—\n“or if it is making rules for the purposes of, or to facilitate or in consequence of, a transfer under section 3 of the Banking (Special Provisions) Act 2008.”\n(2) Section 157 of FSMA 2000 (guidance) has effect as if modified by adding after subsection (3)—\n“(3A) Section 155(7) applies to proposed guidance with the modification made by article 16(1) of the Northern Rock Plc Transfer Order 2008.”.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "I",
      "label": "I1",
      "text": "Art. 16 in force at 22.2.2008, see art. 1(2)"
    }
  ],
  "outstanding_effects": [
    {
      "type": "words substituted",
      "affecting": "uksi/2013/472",
      "affecting_title": "The Financial Services Act 2012 (Consequential Amendments and Transitional Provisions) Order 2013"
    },
    {
      "type": "words substituted",
      "affecting": "uksi/2013/472",
      "affecting_title": "The Financial Services Act 2012 (Consequential Amendments and Transitional Provisions) Order 2013"
    },
    {
      "type": "word substituted",
      "affecting": "uksi/2013/472",
      "affecting_title": "The Financial Services Act 2012 (Consequential Amendments and Transitional Provisions) Order 2013"
    },
    {
      "type": "words substituted",
      "affecting": "uksi/2013/472",
      "affecting_title": "The Financial Services Act 2012 (Consequential Amendments and Transitional Provisions) Order 2013"
    },
    {
      "type": "word substituted",
      "affecting": "uksi/2013/472",
      "affecting_title": "The Financial Services Act 2012 (Consequential Amendments and Transitional Provisions) Order 2013"
    }
  ],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2008/432/article/16",
    "retrieved_at": "2026-10-29T03:36:14.282889+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."
}