Paragraph 3 Amendment of the Financial Services Act 2012I1
United Kingdom
(1)
The Financial Services Act 2012f1 is amended as follows.
(2)
Omit section 25 (functions related to short selling).
(3)
In section 85(4)(c)(i) (relevant functions in relation to complaints scheme)f2, omit “131J,”.
(4)
In section 109(5) (payments to Treasury of penalties received by Financial Services Authority), omit paragraph (i).
Annotations
Commencement
- I1
Sch. 2 para. 3 comes into force in accordance with reg. 2(2)(3)
Footnotes
- f1
- f2
-
Section 85(4)(c)(i) was amended by section 35 of and Schedule 3 to the Financial Services (Banking Reform) Act 2013 (c. 33) and by section 25 of and Schedule 3 to the Financial Guidance and Claims Act 2018 (c. 10).