Section 185 Consultations about other regulations.I1
United Kingdom
Subsection (1) does not apply to—
regulations prescribing actuarial tables; or
regulations made for the purpose only of consolidating other regulations revoked by them; or
regulations under section 36(6).
regulations in the case of which the Secretary of State considers consultation inexpedient because of urgency, or
regulations which—
state that they are consequential upon a specified enactment, and
are made before the end of the period of six months beginning with the coming into force of that enactment,
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In relation to any regulations required or authorised under this Act to be made by the Secretary of State in conjunction with the Treasury, any reference in F5subsection (1) to the Secretary of State shall be construed as a reference to him and the Treasury acting jointly.
Subject to subsection (5C), before the Treasury (acting alone) make any regulations under section 95, 97A or 97C they shall consult such persons as they may consider appropriate.
Subject to subsection (5C), before the Scottish Ministers make any regulations under section 97B(11) they shall consult such persons as they may consider appropriate.
Subsections (5A) and (5B) do not apply to regulations in the case of which the Treasury or (as the case may be) the Scottish Ministers consider consultation inexpedient because of urgency or to regulations of the type described in subsection (2)(b) or (e).
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“The appropriate regulator” means—
where the group insurance business to which the regulations relate consists only of activities which are PRA-regulated activities, the Prudential Regulation Authority,
where the group insurance business to which the regulations relate consists partly of activities which are PRA-regulated activities and partly of other regulated activities, the Prudential Regulation Authority and the Financial Conduct Authority, or
in any other case, the Financial Conduct Authority.
In subsection (7A) “regulated activities” and “PRA-regulated activities” have the same meaning as in the Financial Services and Markets Act 2000.
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Annotations
Textual amendments
- F1
Words in s. 185(1) substituted (6.4.1997) by Pensions Act 1995 (c. 26), s. 180(1), Sch. 5 para. 80(a); S.I. 1997/664, art. 2(3), Sch. Pt. 2
- F2
Words in s. 185(1) repealed (6.4.1997) by Pensions Act 1995 (c. 26), s. 180(1), Sch. 3 para. 46, Sch. 7 Pt. I; S.I. 1997/664, art. 2(3), Sch. Pt. 2
- F3
S. 185(2)(d)(e) added (6.4.1997) by Pensions Act 1995 (c. 26), s. 180(1), Sch. 5 para. 80(b); S.I. 1997/664, art. 2(3), Sch. Pt. 2
- F4
S. 185(3)(4) repealed (6.4.1997) by Pensions Act 1995 (c. 26), s. 180(1), Sch. 5 para. 80(c), Sch. 7 Pt. III; S.I. 1997/664, art. 2(3), Sch. Pt. 2
- F5
Words in s. 185(5) substituted (6.4.1997) by Pensions Act 1995 (c. 26), s. 180(1), Sch. 5 para. 80(d); S.I. 1997/664, art. 2(3), Sch. Pt. 2
- F6
S. 185(5A)-(5C) inserted (3.3.2015 for specified purposes, 6.4.2015 in so far as not already in force) by Pension Schemes Act 2015 (c. 8), ss. 70(2), 89(1)(b)(3)(b) (with ss. 70(5), 87)
- F7
S. 185(6) repealed (6.4.1997) by Pensions Act 1995 (c. 26), s. 180(1), Sch. 5 para. 80(e), Sch. 7 Pt. III; S.I. 1997/664, art. 2(3), Sch. Pt. 2
- F8
Words in s. 185(7) substituted (1.4.2013) by Financial Services Act 2012 (c. 21), s. 122(3), Sch. 18 para. 78(5)(a) (with Sch. 20); S.I. 2013/423, art. 3, Sch.
- F9
Words in s. 185(7) substituted (1.12.2001) by The Financial Services and Markets Act 2000 (Consequential Amendments and Repeals) Order 2001 (S.I. 2001/3649), arts. 1, 128
- F10
S. 185(7A)(7B) inserted (1.4.2013) by Financial Services Act 2012 (c. 21), s. 122(3), Sch. 18 para. 78(5)(b) (with Sch. 20); S.I. 2013/423, art. 3, Sch.
- F11
S. 185(8) omitted (19.9.2013) by virtue of The Public Bodies (Abolition of Administrative Justice and Tribunals Council) Order 2013 (S.I. 2013/2042), art. 1(2), Sch. para. 15
- F12
S. 185(9) omitted (6.4.2016) by virtue of Pensions Act 2014 (c. 19), s. 56(4), Sch. 13 para. 45
Commencement
- I1
Ss. 1-187 in force at 7.2.1994 by S.I. 1994/86, art. 2