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Changes over time for: Section 103A
Timeline of Changes
This timeline shows the different points in time where a change occurred. The dates will coincide with the earliest date on which the change (e.g an insertion, a repeal or a substitution) that was applied came into force. The first date in the timeline will usually be the earliest date when the provision came into force. In some cases the first date is 01/02/1991 (or for Northern Ireland legislation 01/01/2006). This date is our basedate. No versions before this date are available. For further information see the Editorial Practice Guide and Glossary under Help.
Status:
Point in time view as at 01/03/2014.
Changes to legislation:
Financial Services and Markets Act 2000, Section 103A 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.
Changes to Legislation
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[103AMeaning of “the appropriate regulator”U.K.
This section has no associated Explanatory Notes
(1)In this Part “the appropriate regulator” means—
(a)in relation to [a ring-fencing transfer scheme or a scheme (other than a ring-fencing transfer scheme)] in respect of which [the transferor concerned] is a PRA-authorised person, the PRA;
(b)in any other case, the FCA.
(2)In this Part, “[the transferor concerned]”—
(a)in the case of an insurance business transfer scheme, is to be read in accordance with section 105(2);
(b)in the case of a banking business transfer scheme, is to be read in accordance with section 106(2);
(c)in the case of a reclaim fund business transfer scheme, means the reclaim fund to whose business the scheme relates.
[(d)in the case of a ring-fencing transfer scheme, means the body to whose business the scheme relates.]]
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