OpenLegislation

Regulation 4C Power of FCA to require Regulator to refrain from specified actionF1

For the purposes of section 101 of the 2013 Act (power of FCA to require the Regulator to refrain from specified action), in section 101(2)—

(a)

the reference to “this Part” is to be read as including a reference to regulation 4A;

(b)

the reference to “a participant in a regulated payment system” is to be read as a person referred to in regulation 4A(1).

Annotations

Textual amendments

F1

Regs. 4B, 4C inserted (1.1.2024) by The Financial Services and Markets Act 2023 (Consequential Amendments) Regulations 2023 (S.I. 2023/1410), regs. 1(2), 10