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Financial Services (Banking Reform) Act 2013

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Financial Services (Banking Reform) Act 2013, Paragraph 7 is up to date with all changes known to be in force on or before 09 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

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7(1)Schedule 1ZA to FSMA 2000 (the Financial Conduct Authority) is amended as follows.U.K.

(2)In paragraph 8 (arrangements for discharging functions), after sub-paragraph (4) insert—

(5)In respect of the exercise of a function under Part 1 of the Competition Act 1998, the power in sub-paragraph (1) is subject to provision in rules made under section 51 of that Act by virtue of paragraph 1A of Schedule 9 to that Act.

(3)In paragraph 23 (fees), after sub-paragraph (2) insert—

(2A)The functions referred to in sub-paragraph (1)(a) include functions of the FCA under the Competition Act 1998 or the Enterprise Act 2002 as a result of Part 16A of this Act; but this sub-paragraph is not to be regarded as limiting the effect of the definition of “functions” in paragraph 1.

Commencement Information

I1Sch. 8 para. 7 in force at 1.11.2014 by S.I. 2014/2458, art. 2(b)(bb)(ii)

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