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Financial Services Act 2012

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Financial Services Act 2012, Paragraph 4 is up to date with all changes known to be in force on or before 02 November 2024. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations. Help about Changes to Legislation

This section has no associated Explanatory Notes

4(1)Section 110 (right to participate in proceedings) is amended as follows.U.K.

(2)The existing provision becomes subsection (1).

(3)For paragraph (a) of that subsection substitute—

(a)the FCA,

(aa)in the case of a scheme falling within subsection (2), the PRA, and.

(4)After that subsection insert—

(2)A scheme falls within this subsection if—

(a)the authorised person concerned or the transferee is a PRA-authorised person, or

(b)the authorised person concerned or the transferee has as a member of its immediate group a PRA-authorised person.

Commencement Information

I1Sch. 6 para. 4 in force at 1.4.2013 by S.I. 2013/423, art. 3, Sch.

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