Sch. 18 para. 79 in force at 1.4.2013 by S.I. 2013/423, art. 3, Sch.

http://www.legislation.gov.uk/ukpga/2012/21/schedule/18/paragraph/79Financial Services Act 2012An Act to amend the Bank of England Act 1998, the Financial Services and Markets Act 2000 and the Banking Act 2009; to make other provision about financial services and markets; to make provision about the exercise of certain statutory functions relating to building societies, friendly societies and other mutual societies; to amend section 785 of the Companies Act 2006; to make provision enabling the Director of Savings to provide services to other public bodies; and for connected purposes.texttext/xmlenStatute Law Database2024-05-20Expert Participation2024-01-01SCHEDULESSCHEDULE 18Further minor and consequential amendmentsPART 2Amendments of other Acts of ParliamentFinance Act 1994 (c. 9)791

The Finance Act 1994 is amended as follows.

2

In Schedule 7 (insurance premium tax), in paragraph 28B—

a

in sub-paragraph (1)—

i

for “the Financial Services Authority (“the Authority”)” substitute “ a regulator ”, and

ii

for “assisting the Authority” substitute “ assisting the regulator ”, and

b

in sub-paragraph (2)—

i

for “the Authority”, in the first place, substitute “ a regulator ”, and

ii

for “the Authority”, in the second place, substitute “ the regulator ”.

c

after that sub-paragraph insert—

3

In this paragraph “regulator” means—

a

the Financial Conduct Authority;

b

the Prudential Regulation Authority.

3

In Schedule 24 (provisions relating to the Railways Act 1993), in paragraph 19(7), in the definition of “securities”, for “section 74(5)” substitute “ section 102A(2) ”.

This XML file does not appear to have any style information associated with it. The document tree is shown below.
<akomaNtoso xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xsi:schemaLocation="http://docs.oasis-open.org/legaldocml/ns/akn/3.0 http://docs.oasis-open.org/legaldocml/akn-core/v1.0/cos01/part2-specs/schemas/akomantoso30.xsd">
<portion includedIn="http://www.legislation.gov.uk/id/ukpga/2012/21/schedule/18">
<meta>
<identification source="#source">
<FRBRWork>
<FRBRthis value="http://www.legislation.gov.uk/id/ukpga/2012/21/schedule/18"/>
<FRBRuri value="http://www.legislation.gov.uk/id/ukpga/2012/21/schedule/18"/>
<FRBRdate date="2012-12-19" name="enacted"/>
<FRBRauthor href="http://www.legislation.gov.uk/id/legislature/UnitedKingdomParliament"/>
<FRBRcountry value="GB-UKM"/>
<FRBRnumber value="21"/>
<FRBRname value="2012 c. 21"/>
<FRBRprescriptive value="true"/>
</FRBRWork>
<FRBRExpression>
<FRBRthis value="http://www.legislation.gov.uk/ukpga/2012/21/schedule/18/paragraph/79"/>
<FRBRuri value="http://www.legislation.gov.uk/ukpga/2012/21/schedule/18"/>
<FRBRdate date="2024-01-01" name="validFrom"/>
<FRBRauthor href="#source"/>
<FRBRlanguage language="eng"/>
</FRBRExpression>
<FRBRManifestation>
<FRBRthis value="http://www.legislation.gov.uk/ukpga/2012/21/schedule/18/paragraph/79/data.akn"/>
<FRBRuri value="http://www.legislation.gov.uk/ukpga/2012/21/schedule/18/data.akn"/>
<FRBRdate date="2024-11-09Z" name="transform"/>
<FRBRauthor href="http://www.legislation.gov.uk"/>
<FRBRformat value="application/akn+xml"/>
</FRBRManifestation>
</identification>
<lifecycle source="#source">
<eventRef date="2012-12-19" type="generation" eId="enacted-date" source="#source"/>
<eventRef date="2013-04-01" type="amendment" source="#source"/>
<eventRef date="2013-04-01" eId="effective-date-1" source="#source"/>
<eventRef date="2020-12-31" eId="effective-date-2" source="#source"/>
<eventRef date="2021-04-06" eId="effective-date-3" source="#source"/>
<eventRef date="2024-01-01" eId="effective-date-4" source="#source"/>
</lifecycle>
<analysis source="#source">
<restrictions source="#source">
<restriction refersTo="#e+w+s+ni" type="jurisdiction"/>
</restrictions>
</analysis>
<temporalData source="#source">
<temporalGroup eId="period1">
<timeInterval start="#effective-date-1" refersTo="#period-concept1"/>
</temporalGroup>
<temporalGroup eId="period2">
<timeInterval start="#effective-date-2" refersTo="#period-concept2"/>
</temporalGroup>
<temporalGroup eId="period3">
<timeInterval start="#effective-date-3" refersTo="#period-concept3"/>
</temporalGroup>
<temporalGroup eId="period4">
<timeInterval start="#effective-date-4" refersTo="#period-concept4"/>
</temporalGroup>
</temporalData>
<references source="#source">
<TLCOrganization eId="source" href="http://www.legislation.gov.uk/id/publisher/StatuteLawDatabase" showAs="Statute Law Database"/>
<passiveRef href="http://www.legislation.gov.uk/id/ukpga/2014/21" showAs="Water Act 2014"/>
<TLCLocation eId="e+w+s+ni" href="/ontology/jurisdictions/uk.EnglandWalesScotlandNorthernIreland" showAs="England, Wales, Scotland, Northern Ireland"/>
<TLCTerm eId="term-the-authority" href="/ontology/term/uk.the-authority" showAs="the Authority"/>
<TLCTerm eId="term-regulator" href="/ontology/term/uk.regulator" showAs="regulator"/>
<TLCConcept eId="period-concept1" href="/ontology/time/2013.04.01" showAs="since 2013-04-01"/>
<TLCConcept eId="period-concept2" href="/ontology/time/2020.12.31" showAs="since 2020-12-31"/>
<TLCConcept eId="period-concept3" href="/ontology/time/2021.04.06" showAs="since 2021-04-06"/>
<TLCConcept eId="period-concept4" href="/ontology/time/2024.01.01" showAs="since 2024-01-01"/>
</references>
<notes source="#source">
<note class="commentary I" eId="key-b44b1008b9a91d140a31415776444c16">
<p>
<ref href="http://www.legislation.gov.uk/id/ukpga/2012/21/schedule/18/paragraph/79">Sch. 18 para. 79</ref>
in force at 1.4.2013 by
<ref href="http://www.legislation.gov.uk/id/uksi/2013/423">S.I. 2013/423</ref>
,
<ref href="http://www.legislation.gov.uk/id/uksi/2013/423/article/3">art. 3</ref>
,
<ref href="http://www.legislation.gov.uk/id/uksi/2013/423/schedule">Sch.</ref>
</p>
</note>
</notes>
<proprietary xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:ukm="http://www.legislation.gov.uk/namespaces/metadata" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:dct="http://purl.org/dc/terms/" xmlns:atom="http://www.w3.org/2005/Atom" source="#source">
<ukl:RestrictStartDate value="2024-01-01"/>
<dc:identifier>http://www.legislation.gov.uk/ukpga/2012/21/schedule/18/paragraph/79</dc:identifier>
<dc:title>Financial Services Act 2012</dc:title>
<dc:description>An Act to amend the Bank of England Act 1998, the Financial Services and Markets Act 2000 and the Banking Act 2009; to make other provision about financial services and markets; to make provision about the exercise of certain statutory functions relating to building societies, friendly societies and other mutual societies; to amend section 785 of the Companies Act 2006; to make provision enabling the Director of Savings to provide services to other public bodies; and for connected purposes.</dc:description>
<dc:type>text</dc:type>
<dc:format>text/xml</dc:format>
<dc:language>en</dc:language>
<dc:publisher>Statute Law Database</dc:publisher>
<dc:modified>2024-05-20</dc:modified>
<dc:contributor>Expert Participation</dc:contributor>
<dct:valid>2024-01-01</dct:valid>
<atom:link rel="self" href="http://www.legislation.gov.uk/ukpga/2012/21/schedule/18/paragraph/79/data.xml" type="application/xml"/>
<atom:link rel="http://www.legislation.gov.uk/def/navigation/resources" href="http://www.legislation.gov.uk/ukpga/2012/21/resources" title="More Resources"/>
<atom:link rel="http://www.legislation.gov.uk/def/navigation/notes" href="http://www.legislation.gov.uk/id/ukpga/2012/21/schedule/18/paragraph/79/notes" title="Explanatory Notes"/>
<atom:link rel="http://www.legislation.gov.uk/def/navigation/notes/toc" href="http://www.legislation.gov.uk/ukpga/2012/21/notes/contents" title="Explanatory Notes Table of Contents"/>
<atom:link rel="http://www.legislation.gov.uk/def/navigation/act" href="http://www.legislation.gov.uk/ukpga/2012/21" title="whole act"/>
<atom:link rel="http://www.legislation.gov.uk/def/navigation/introduction" href="http://www.legislation.gov.uk/ukpga/2012/21/introduction" title="introduction"/>
<atom:link rel="http://www.legislation.gov.uk/def/navigation/body" href="http://www.legislation.gov.uk/ukpga/2012/21/body" title="body"/>
<atom:link rel="http://www.legislation.gov.uk/def/navigation/schedules" href="http://www.legislation.gov.uk/ukpga/2012/21/schedules" title="schedules"/>
<atom:link rel="alternate" type="application/rdf+xml" href="http://www.legislation.gov.uk/ukpga/2012/21/schedule/18/paragraph/79/data.rdf" title="RDF/XML"/>
<atom:link rel="alternate" type="application/akn+xml" href="http://www.legislation.gov.uk/ukpga/2012/21/schedule/18/paragraph/79/data.akn" title="AKN"/>
<atom:link rel="alternate" type="application/xhtml+xml" href="http://www.legislation.gov.uk/ukpga/2012/21/schedule/18/paragraph/79/data.xht" title="HTML snippet"/>
<atom:link rel="alternate" type="text/html" href="http://www.legislation.gov.uk/ukpga/2012/21/schedule/18/paragraph/79/data.htm" title="Website (XHTML) Default View"/>
<atom:link rel="alternate" type="text/csv" href="http://www.legislation.gov.uk/ukpga/2012/21/schedule/18/paragraph/79/data.csv" title="CSV"/>
<atom:link rel="alternate" type="application/pdf" href="http://www.legislation.gov.uk/ukpga/2012/21/schedule/18/paragraph/79/data.pdf" title="PDF"/>
<atom:link rel="alternate" type="application/akn+xhtml" href="http://www.legislation.gov.uk/ukpga/2012/21/schedule/18/paragraph/79/data.html" title="HTML5 snippet"/>
<atom:link rel="http://purl.org/dc/terms/tableOfContents" hreflang="en" href="http://www.legislation.gov.uk/ukpga/2012/21/contents" title="Table of Contents"/>
<atom:link rel="http://purl.org/dc/terms/hasVersion" href="http://www.legislation.gov.uk/ukpga/2012/21/schedule/18/paragraph/79/enacted" title="enacted"/>
<atom:link rel="http://purl.org/dc/terms/hasVersion" href="http://www.legislation.gov.uk/ukpga/2012/21/schedule/18/paragraph/79/2013-04-01" title="2013-04-01"/>
<atom:link rel="up" href="http://www.legislation.gov.uk/ukpga/2012/21/schedule/18" title="Schedule 18"/>
<atom:link rel="prev" href="http://www.legislation.gov.uk/ukpga/2012/21/schedule/18/paragraph/78" title="Paragraph; Schedule 18 Paragraph 78"/>
<atom:link rel="prevInForce" href="http://www.legislation.gov.uk/ukpga/2012/21/schedule/18/paragraph/78" title="Paragraph; Schedule 18 Paragraph 78"/>
<atom:link rel="next" href="http://www.legislation.gov.uk/ukpga/2012/21/schedule/18/paragraph/80" title="Paragraph; Schedule 18 Paragraph 80"/>
<atom:link rel="nextInForce" href="http://www.legislation.gov.uk/ukpga/2012/21/schedule/18/paragraph/80" title="Paragraph; Schedule 18 Paragraph 80"/>
<ukm:PrimaryMetadata>
<ukm:DocumentClassification>
<ukm:DocumentCategory Value="primary"/>
<ukm:DocumentMainType Value="UnitedKingdomPublicGeneralAct"/>
<ukm:DocumentStatus Value="revised"/>
</ukm:DocumentClassification>
<ukm:Year Value="2012"/>
<ukm:Number Value="21"/>
<ukm:EnactmentDate Date="2012-12-19"/>
<ukm:ISBN Value="9780105421122"/>
<ukm:UnappliedEffects>
<ukm:UnappliedEffect Row="5" AffectingProvisions="s. 79(4)" AffectedURI="http://www.legislation.gov.uk/id/ukpga/2012/21" EffectId="key-ddafed77c16b158e92911c3dc2d47b9d" AffectedProvisions="Act" AffectingNumber="21" AffectedYear="2012" AffectingEffectsExtent="S+A+M+E+A+S+A+F+F+E+C+T+E+D" RequiresApplied="true" Type="power to apply conferred (temp.)" Comments="temp. until 15.5.2039" AffectingClass="UnitedKingdomPublicGeneralAct" URI="http://www.legislation.gov.uk/id/effect/key-ddafed77c16b158e92911c3dc2d47b9d" AffectedNumber="21" Modified="2021-08-16T13:28:52Z" AffectingURI="http://www.legislation.gov.uk/id/ukpga/2014/21" AffectingYear="2014" AffectedClass="UnitedKingdomPublicGeneralAct">
<ukm:AffectedTitle>Financial Services Act 2012</ukm:AffectedTitle>
<ukm:AffectedProvisions>Act</ukm:AffectedProvisions>
<ukm:AffectingTitle>Water Act 2014</ukm:AffectingTitle>
<ukm:AffectingProvisions>
<ukm:Section Ref="section-79-4" URI="http://www.legislation.gov.uk/id/ukpga/2014/21/section/79/4">s. 79(4)</ukm:Section>
</ukm:AffectingProvisions>
<ukm:CommencementAuthority>
<ukm:Section Ref="section-94-3" URI="http://www.legislation.gov.uk/id/ukpga/2014/21/section/94/3">s. 94(3)</ukm:Section>
</ukm:CommencementAuthority>
<ukm:InForceDates>
<ukm:InForce Applied="false" Prospective="true" Qualification="with effect in accordance with" OtherQualification="s. 83(1)"/>
</ukm:InForceDates>
</ukm:UnappliedEffect>
<ukm:UnappliedEffect AffectingProvisions="s. 81(10)" AffectedURI="http://www.legislation.gov.uk/id/ukpga/2012/21" AffectingURI="http://www.legislation.gov.uk/id/ukpga/2014/21" Comments="temp. until 15.5.2039" EffectId="key-ed4909ff0e3ce4d705d319ad81f3cf85" AffectedClass="UnitedKingdomPublicGeneralAct" AffectingClass="UnitedKingdomPublicGeneralAct" RequiresApplied="true" AffectingNumber="21" Row="6" AffectedProvisions="Act" AffectingYear="2014" URI="http://www.legislation.gov.uk/id/effect/key-ed4909ff0e3ce4d705d319ad81f3cf85" AffectedYear="2012" Type="power to apply conferred (temp.)" AffectingEffectsExtent="S+A+M+E+A+S+A+F+F+E+C+T+E+D" Modified="2021-08-16T13:28:52Z" AffectedNumber="21">
<ukm:AffectedTitle>Financial Services Act 2012</ukm:AffectedTitle>
<ukm:AffectedProvisions>Act</ukm:AffectedProvisions>
<ukm:AffectingTitle>Water Act 2014</ukm:AffectingTitle>
<ukm:AffectingProvisions>
<ukm:Section Ref="section-81-10" URI="http://www.legislation.gov.uk/id/ukpga/2014/21/section/81/10">s. 81(10)</ukm:Section>
</ukm:AffectingProvisions>
<ukm:CommencementAuthority>
<ukm:Section Ref="section-94-3" URI="http://www.legislation.gov.uk/id/ukpga/2014/21/section/94/3">s. 94(3)</ukm:Section>
</ukm:CommencementAuthority>
<ukm:InForceDates>
<ukm:InForce Applied="false" Prospective="true" Qualification="with effect in accordance with" OtherQualification="s. 83(1)"/>
</ukm:InForceDates>
</ukm:UnappliedEffect>
</ukm:UnappliedEffects>
</ukm:PrimaryMetadata>
<ukm:Notes>
<ukm:Note IdURI="http://www.legislation.gov.uk/id/ukpga/2012/21/notes"/>
<ukm:Alternatives>
<ukm:Alternative URI="http://www.legislation.gov.uk/ukpga/2012/21/pdfs/ukpgaen_20120021_en.pdf" Date="2013-01-17" Title="Explanatory Note" Size="1175217"/>
</ukm:Alternatives>
</ukm:Notes>
<ukm:CorrectionSlips>
<ukm:CorrectionSlip URI="http://www.legislation.gov.uk/ukpga/2012/21/pdfs/ukpgacs_20120021_en.pdf" Date="2013-06-07" Title="Correction Slip" Size="12751"/>
</ukm:CorrectionSlips>
<ukm:Alternatives>
<ukm:Alternative URI="http://www.legislation.gov.uk/ukpga/2012/21/pdfs/ukpga_20120021_en.pdf" Date="2012-12-21" Size="3168184"/>
</ukm:Alternatives>
<ukm:Statistics>
<ukm:TotalParagraphs Value="1072"/>
<ukm:BodyParagraphs Value="374"/>
<ukm:ScheduleParagraphs Value="698"/>
<ukm:AttachmentParagraphs Value="0"/>
<ukm:TotalImages Value="0"/>
</ukm:Statistics>
</proprietary>
</meta>
<portionBody>
<hcontainer name="schedules" eId="d4e104" period="#period3">
<heading>SCHEDULES</heading>
<hcontainer name="schedule" eId="schedule-18" period="#period2">
<num>SCHEDULE 18</num>
<heading>Further minor and consequential amendments</heading>
<part eId="schedule-18-part-2" period="#period2">
<num>
<strong>PART 2</strong>
</num>
<heading>Amendments of other Acts of Parliament</heading>
<hcontainer name="crossheading" eId="schedule-18-part-2-crossheading-finance-act-1994-c-9" period="#period1">
<heading>
<em>Finance Act 1994 (c. 9)</em>
</heading>
<paragraph eId="schedule-18-paragraph-79" period="#period1">
<num>
<noteRef href="#key-b44b1008b9a91d140a31415776444c16" marker="I1" class="commentary I"/>
79
</num>
<subparagraph eId="schedule-18-paragraph-79-1">
<num>1</num>
<content>
<p>The Finance Act 1994 is amended as follows.</p>
</content>
</subparagraph>
<subparagraph eId="schedule-18-paragraph-79-2">
<num>2</num>
<intro>
<p>In Schedule 7 (insurance premium tax), in paragraph 28B—</p>
</intro>
<paragraph eId="schedule-18-paragraph-79-2-a">
<num>a</num>
<intro>
<p>in sub-paragraph (1)—</p>
</intro>
<subparagraph eId="schedule-18-paragraph-79-2-a-i">
<num>i</num>
<content>
<p>
for “the Financial Services Authority (“
<term refersTo="#term-the-authority">the Authority</term>
”)” substitute
<mod>
<quotedText>“ a regulator ”</quotedText>
</mod>
, and
</p>
</content>
</subparagraph>
<subparagraph eId="schedule-18-paragraph-79-2-a-ii">
<num>ii</num>
<content>
<p>
for “assisting the Authority” substitute
<mod>
<quotedText>“ assisting the regulator ”</quotedText>
</mod>
, and
</p>
</content>
</subparagraph>
</paragraph>
<paragraph eId="schedule-18-paragraph-79-2-b">
<num>b</num>
<intro>
<p>in sub-paragraph (2)—</p>
</intro>
<subparagraph eId="schedule-18-paragraph-79-2-b-i">
<num>i</num>
<content>
<p>
for “the Authority”, in the first place, substitute
<mod>
<quotedText>“ a regulator ”</quotedText>
</mod>
, and
</p>
</content>
</subparagraph>
<subparagraph eId="schedule-18-paragraph-79-2-b-ii">
<num>ii</num>
<content>
<p>
for “the Authority”, in the second place, substitute
<mod>
<quotedText>“ the regulator ”</quotedText>
</mod>
.
</p>
</content>
</subparagraph>
</paragraph>
<paragraph eId="schedule-18-paragraph-79-2-c">
<num>c</num>
<content>
<p>after that sub-paragraph insert—</p>
<p class="BlockAmendment">
<mod>
<quotedStructure class="unknown unknown unknown default" startQuote="" endQuote="">
<subsection eId="d4e199">
<num>3</num>
<intro>
<p>
In this paragraph “
<term refersTo="#term-regulator">regulator</term>
” means—
</p>
</intro>
<paragraph eId="d4e208">
<num>a</num>
<content>
<p>the Financial Conduct Authority;</p>
</content>
</paragraph>
<paragraph eId="d4e214">
<num>b</num>
<content>
<p>the Prudential Regulation Authority.</p>
</content>
</paragraph>
</subsection>
</quotedStructure>
</mod>
</p>
</content>
</paragraph>
</subparagraph>
<subparagraph eId="schedule-18-paragraph-79-3">
<num>3</num>
<content>
<p>
In Schedule 24 (provisions relating to the Railways Act 1993), in paragraph 19(7), in the definition of “securities”, for “section 74(5)” substitute
<mod>
<quotedText>“ section 102A(2) ”</quotedText>
</mod>
.
</p>
</content>
</subparagraph>
</paragraph>
</hcontainer>
</part>
</hcontainer>
</hcontainer>
</portionBody>
</portion>
</akomaNtoso>