{
  "url": "https://openlegislation.uk/transfer-of-functions-financial-services-order-1992/schedule-2/paragraph-1",
  "json_url": "https://openlegislation.uk/transfer-of-functions-financial-services-order-1992/schedule-2/paragraph-1.json",
  "legislation": "uksi/1992/1315",
  "legislation_title": "The Transfer of Functions (Financial Services) Order 1992",
  "legislation_url": "https://openlegislation.uk/transfer-of-functions-financial-services-order-1992",
  "path": "schedule/2/paragraph/1",
  "kind": "paragraph",
  "number": "1",
  "heading": "The Financial Services Act 1986",
  "text": "The function of revoking a recognition order in respect of a recognised self-regulating organisation whose members include or may include regulated insurance companies on the ground that—\n(a) the requirement specified in paragraph 3(1) of Schedule 10 is not satisfied; or\n(b) the organisation has contravened sub-paragraph (3) or (4) of paragraph 6 of that Schedule as applied by sub-paragraph (5) of paragraph 6.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [
    {
      "type": "transfer of functions",
      "affecting": "uksi/1997/2781",
      "affecting_title": "The Transfer of Functions (Insurance) Order 1997"
    },
    {
      "type": "transfer of functions",
      "affecting": "uksi/1997/2781",
      "affecting_title": "The Transfer of Functions (Insurance) Order 1997"
    },
    {
      "type": "transfer of functions",
      "affecting": "uksi/1997/2781",
      "affecting_title": "The Transfer of Functions (Insurance) Order 1997"
    },
    {
      "type": "transfer of functions",
      "affecting": "uksi/1997/2781",
      "affecting_title": "The Transfer of Functions (Insurance) Order 1997"
    }
  ],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1992/1315/schedule/2/paragraph/1",
    "retrieved_at": "2026-10-29T14:21:56.831165+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."
}