http://www.legislation.gov.uk/ukpga/2013/33/schedule/3/2016-03-07Financial Services (Banking Reform) Act 2013An Act to make further provision about banking and other financial services, including provision about the Financial Services Compensation Scheme; to make provision for the amounts owed in respect of certain deposits to be treated as a preferential debt on insolvency; to make further provision about payment systems and securities settlement systems; to make provision about the accounts of the Bank of England and its wholly owned subsidiaries; to make provision in relation to persons providing claims management services; and for connected purposes.texttext/xmlenStatute Law Database2024-09-06Expert Participation2016-03-07 SCHEDULESSCHEDULE 3Consequential amendments relating to Part 4 Section 35<Emphasis>Financial Services and Markets Act 2000</Emphasis>11Section 59 of FSMA 2000 (approval for particular arrangements) is amended as follows.2In subsection (1), for the words from “the appropriate regulator” to the end substitute “ that person is acting in accordance with an approval given by the appropriate regulator under this section. ”3In subsection (2), for the words from “the appropriate regulator” to the end substitute “ that person is acting in accordance with an approval given by the appropriate regulator under this section. ”21Section 59A of FSMA 2000 (specifying functions as controlled functions: supplementary) is amended as follows.2In subsection (1)(a) and (b), for “significant-influence” substitute “ senior management ”.3After subsection (3) insert—3ASenior management function” has the meaning given by section 59ZA.31Section 63 of FSMA 2000 (withdrawal of approval) is amended as follows.2In subsection (1A)(a), for “significant-influence function” substitute “ relevant senior management function ”.3For subsection (1B) substitute—1BIn subsection (1A) “relevant senior management function” means a function which the PRA is satisfied is a senior management function as defined in section 59ZA (whether or not the function has been designated as such by the FCA).4In section 63A of FSMA 2000 (power to impose penalties), in subsection (2), for paragraph (b) substitute—bP, when performing the function, is not acting in accordance with an approval given under section 59.51Section 66 of FSMA 2000 (disciplinary powers) is amended as follows.2In subsection (3), for paragraph (ab) (and the “or” following it) substitute—abimpose, for such period as it considers appropriate, any conditions in relation to any such approval which it considers appropriate;aclimit the period for which any such approval is to have effect;.3In subsection (3A), for “restriction” substitute “ condition ”.4In subsection (3B), for “or restriction” substitute “ , condition or limitation ”.5In subsection (3C), for “restriction” substitute “ condition ”.6In subsection (3D)—ain paragraph (a), for “or restriction” substitute “ , condition or limitation ”,bomit the “or” at the end of paragraph (a),cin paragraph (b), for “restriction” substitute “ condition ”, anddafter that paragraph insert—cvary a limitation so as to increase the period for which the approval is to have effect.7In subsection (9), for “restriction” substitute “ condition ”.61Section 67 of FSMA 2000 (disciplinary measures: procedure and right to refer to Tribunal) is amended as follows.2In subsection (1), for “or (ab)” substitute “ , (ab) or (ac) ”.3In subsection (2A), for “restriction” (in both places) substitute “ condition ”.4After subsection (2A) insert—2BA warning notice about a proposal to limit the period for which an approval is to have effect must state the length of that period.5In subsection (4), for “or (ab)” substitute “ , (ab) or (ac) ”.6In subsection (5A), for “restriction” (in both places) substitute “ condition ”.7After subsection (5A) insert—5BA decision notice about limiting the period for which an approval is to have effect must state the length of that period.8In subsection (7), for “or (ab)” substitute “ , (ab) or (ac) ”.7In section 69 of FSMA 2000 (statement of policy), in subsection (1)—ain paragraph (a), for “or restrictions” substitute “ , conditions or limitations ”;bomit the “and” at the end of paragraph (b);cin paragraph (c), for “restrictions” substitute “ conditions ”;dat the end of paragraph (c) insert; and dthe period for which approvals under section 59 are to have effect as a result of a limitation under section 66.8In section 138A of FSMA 2000 (modification or waiver of rules), in subsection (2), before paragraph (a) insert—zarules made by either regulator under section 64A (rules of conduct);.9In section 138D of FSMA 2000 (actions for damages), in subsection (5), before paragraph (a) insert—zarules under section 64A (rules of conduct);.10In section 140A of FSMA 2000 (interpretation), in the definition of “regulating provisions”—ain paragraph (a)—iomit sub-paragraph (iii), andiiin sub-paragraph (iv), omit “64 or”;bin paragraph (b), omit sub-paragraphs (ii) and (iii).11In section 347 of FSMA 2000 (the record of authorised persons etc.), in subsection (2)(g), in sub-paragraphs (ii) and (iii), for “relevant authorised person” substitute “ authorised person concerned ”.12In section 387 of FSMA 2000 (warning notices), in subsection (1A), for “or 55I(8)” substitute “ , 55I(8) or 61(2D) ”.13In section 388 of FSMA 2000 (decision notices), in subsection (1A), for “or 55I(8)” substitute “ , 55I(8) or 61(2D) ”.14In section 395 of FSMA 2000 (supervisory notices), in subsection (13), after paragraph (a) insert—aa63ZC(4), (8) or (9)(b);.151Section 415B of FSMA 2000 (consultation in relation to taking certain enforcement action) is amended as follows.2In subsection (4)—ain paragraph (b), for “significant-influence” substitute “ relevant senior management ”, andbomit the definitions appearing after that paragraph.3After subsection (4) insert—5In subsection (4)—arrangement” has the same meaning as in section 59;relevant senior management function” means a function which the FCA is satisfied is a senior management function as defined in section 59ZA (whether or not it has been designated as such under section 59(6A) or (6B)).16In Schedule 1ZA to FSMA 2000 (the Financial Conduct Authority), in paragraph 8(3)—ain paragraph (b), omit “64 or”;bin paragraph (c)(i)—iafter “section” insert “ 63ZD, ”, andiiomit “64,”.17In Schedule 1ZB to FSMA 2000 (the Prudential Regulation Authority), in paragraph 16(3)—aomit paragraph (b);bin paragraph (c)(i)—iafter “section” insert “ 63ZD, ”, andiiomit “64,”.<Emphasis>Financial Services Act 2012</Emphasis>18In section 14 of the Financial Services Act 2012, omit subsection (4).191Section 85 of the Financial Services Act 2012 (relevant functions in relation to complaints scheme) is amended as follows.2In subsection (4)—ain paragraph (b), omit “64 or”;bin paragraph (c)(i)—iafter “section” insert “ 63ZD, ”, andiiomit “64,”.3In subsection (5)—aomit paragraph (b);bin paragraph (c)(i)—iafter “section” insert “ 63ZD, ”, andiiomit “64,”.Sch. 3 para. 2 in force at 25.7.2014 for specified purposes by S.I. 2014/1819, art. 2(4)(a)Sch. 3 para. 7 in force at 25.7.2014 by S.I. 2014/1819, art. 2(4)(b)Sch. 3 para. 8 in force at 25.7.2014 by S.I. 2014/1819, art. 2(4)(b)Sch. 3 para. 9 in force at 25.7.2014 by S.I. 2014/1819, art. 2(4)(b)Sch. 3 para. 16(b)(i) in force at 25.7.2014 by S.I. 2014/1819, art. 2(4)(b)Sch. 3 para. 17(b)(i) in force at 25.7.2014 by S.I. 2014/1819, art. 2(4)(b)Sch. 3 para. 19(2)(b)(i)(3)(b)(i) in force at 25.7.2014 by S.I. 2014/1819, art. 2(4)(b)Sch. 3 para. 1 in force at 7.3.2016 by S.I. 2015/490, art. 2(1)(b) (with savings and transitional provisions in S.I. 2015/492 (as amended by S.I. 2015/1660))Sch. 3 para. 2 in force at 7.3.2016 in so far as not already in force by S.I. 2015/490, art. 2(1)(b) (with savings and transitional provisions in S.I. 2015/492 (as amended by S.I. 2015/1660))Sch. 3 para. 3 in force at 7.3.2016 by S.I. 2015/490, art. 2(1)(b) (with savings and transitional provisions in S.I. 2015/492 (as amended by S.I. 2015/1660))Sch. 3 para. 4 in force at 7.3.2016 by S.I. 2015/490, art. 2(1)(b) (with savings and transitional provisions in S.I. 2015/492 (as amended by S.I. 2015/1660))Sch. 3 para. 5 in force at 7.3.2016 by S.I. 2015/490, art. 2(1)(b) (with savings and transitional provisions in S.I. 2015/492 (as amended by S.I. 2015/1660))Sch. 3 para. 6 in force at 7.3.2016 by S.I. 2015/490, art. 2(1)(b) (with savings and transitional provisions in S.I. 2015/492 (as amended by S.I. 2015/1660))Sch. 3 para. 10 in force at 7.3.2016 by S.I. 2015/490, art. 2(1)(b) (with savings and transitional provisions in S.I. 2015/492 (as amended by S.I. 2015/1660))Sch. 3 para. 11 in force at 7.3.2016 by S.I. 2015/490, art. 2(1)(b) (with savings and transitional provisions in S.I. 2015/492 (as amended by S.I. 2015/1660))Sch. 3 para. 12 in force at 7.3.2016 by S.I. 2015/490, art. 2(1)(b) (with savings and transitional provisions in S.I. 2015/492 (as amended by S.I. 2015/1660))Sch. 3 para. 13 in force at 7.3.2016 by S.I. 2015/490, art. 2(1)(b) (with savings and transitional provisions in S.I. 2015/492 (as amended by S.I. 2015/1660))Sch. 3 para. 14 in force at 7.3.2016 by S.I. 2015/490, art. 2(1)(b) (with savings and transitional provisions in S.I. 2015/492 (as amended by S.I. 2015/1660))Sch. 3 para. 15 in force at 7.3.2016 by S.I. 2015/490, art. 2(1)(b) (with savings and transitional provisions in S.I. 2015/492 (as amended by S.I. 2015/1660))Sch. 3 para. 18 in force at 7.3.2016 by S.I. 2015/490, art. 2(1)(b) (with savings and transitional provisions in S.I. 2015/492 (as amended by S.I. 2015/1660))Sch. 3 para. 19(1)(2)(a)(b)(ii)(3)(a)(b)(ii) in force at 7.3.2016 by S.I. 2015/490, art. 2(1)(b) (with savings and transitional provisions in S.I. 2015/492 (as amended by S.I. 2015/1660))Sch. 3 para. 16(a)(b)(ii) in force at 7.3.2016 by S.I. 2015/490, art. 2(1)(b) (with savings and transitional provisions in S.I. 2015/492 (as amended by S.I. 2015/1660))Sch. 3 para. 17(a)(b)(ii) in force at 7.3.2016 by S.I. 2015/490, art. 2(1)(b) (with savings and transitional provisions in S.I. 2015/492 (as amended by S.I. 2015/1660))
This XML file does not appear to have any style information associated with it. The document tree is shown below.
<Legislation xmlns="http://www.legislation.gov.uk/namespaces/legislation" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" DocumentURI="http://www.legislation.gov.uk/ukpga/2013/33/2016-03-07" IdURI="http://www.legislation.gov.uk/id/ukpga/2013/33" NumberOfProvisions="418" RestrictEndDate="2016-04-21" xml:lang="en" xsi:schemaLocation="http://www.legislation.gov.uk/namespaces/legislation http://www.legislation.gov.uk/schema/legislation.xsd" SchemaVersion="1.0" RestrictStartDate="2016-03-07" RestrictExtent="E+W+S+N.I.">
<ukm: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" xmlns:ukm="http://www.legislation.gov.uk/namespaces/metadata">
<dc:identifier>http://www.legislation.gov.uk/ukpga/2013/33/schedule/3/2016-03-07</dc:identifier>
<dc:title>Financial Services (Banking Reform) Act 2013</dc:title>
<dc:description>An Act to make further provision about banking and other financial services, including provision about the Financial Services Compensation Scheme; to make provision for the amounts owed in respect of certain deposits to be treated as a preferential debt on insolvency; to make further provision about payment systems and securities settlement systems; to make provision about the accounts of the Bank of England and its wholly owned subsidiaries; to make provision in relation to persons providing claims management services; 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>2024-09-06</dc:modified>
<dc:contributor>Expert Participation</dc:contributor>
<dct:valid>2016-03-07</dct:valid>
<atom:link rel="self" href="http://www.legislation.gov.uk/ukpga/2013/33/schedule/3/2016-03-07/data.xml" type="application/xml"/>
<atom:link rel="http://www.legislation.gov.uk/def/navigation/resources" href="http://www.legislation.gov.uk/ukpga/2013/33/resources" title="More Resources"/>
<atom:link rel="http://www.legislation.gov.uk/def/navigation/notes" href="http://www.legislation.gov.uk/id/ukpga/2013/33/schedule/3/notes" title="Explanatory Notes"/>
<atom:link rel="http://www.legislation.gov.uk/def/navigation/notes/toc" href="http://www.legislation.gov.uk/ukpga/2013/33/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/2013/33/2016-03-07" title="whole act"/>
<atom:link rel="http://www.legislation.gov.uk/def/navigation/introduction" href="http://www.legislation.gov.uk/ukpga/2013/33/introduction/2016-03-07" title="introduction"/>
<atom:link rel="http://www.legislation.gov.uk/def/navigation/body" href="http://www.legislation.gov.uk/ukpga/2013/33/body/2016-03-07" title="body"/>
<atom:link rel="http://www.legislation.gov.uk/def/navigation/schedules" href="http://www.legislation.gov.uk/ukpga/2013/33/schedules/2016-03-07" title="schedules"/>
<atom:link rel="alternate" type="application/rdf+xml" href="http://www.legislation.gov.uk/ukpga/2013/33/schedule/3/2016-03-07/data.rdf" title="RDF/XML"/>
<atom:link rel="alternate" type="application/akn+xml" href="http://www.legislation.gov.uk/ukpga/2013/33/schedule/3/2016-03-07/data.akn" title="AKN"/>
<atom:link rel="alternate" type="application/xhtml+xml" href="http://www.legislation.gov.uk/ukpga/2013/33/schedule/3/2016-03-07/data.xht" title="HTML snippet"/>
<atom:link rel="alternate" type="text/html" href="http://www.legislation.gov.uk/ukpga/2013/33/schedule/3/2016-03-07/data.htm" title="Website (XHTML) Default View"/>
<atom:link rel="alternate" type="text/csv" href="http://www.legislation.gov.uk/ukpga/2013/33/schedule/3/2016-03-07/data.csv" title="CSV"/>
<atom:link rel="alternate" type="application/pdf" href="http://www.legislation.gov.uk/ukpga/2013/33/schedule/3/2016-03-07/data.pdf" title="PDF"/>
<atom:link rel="alternate" type="application/akn+xhtml" href="http://www.legislation.gov.uk/ukpga/2013/33/schedule/3/2016-03-07/data.html" title="HTML5 snippet"/>
<atom:link rel="http://purl.org/dc/terms/tableOfContents" hreflang="en" href="http://www.legislation.gov.uk/ukpga/2013/33/contents/2016-03-07" title="Table of Contents"/>
<atom:link rel="http://purl.org/dc/terms/replaces" href="http://www.legislation.gov.uk/ukpga/2013/33/schedule/3/2014-07-25" title="2014-07-25"/>
<atom:link rel="http://purl.org/dc/terms/isReplacedBy" href="http://www.legislation.gov.uk/ukpga/2013/33/schedule/3/2017-03-01" title="2017-03-01"/>
<atom:link rel="http://purl.org/dc/terms/hasVersion" href="http://www.legislation.gov.uk/ukpga/2013/33/schedule/3/enacted" title="enacted"/>
<atom:link rel="http://purl.org/dc/terms/hasVersion" href="http://www.legislation.gov.uk/ukpga/2013/33/schedule/3/2014-07-25" title="2014-07-25"/>
<atom:link rel="http://purl.org/dc/terms/hasVersion" href="http://www.legislation.gov.uk/ukpga/2013/33/schedule/3/2017-03-01" title="2017-03-01"/>
<atom:link rel="http://purl.org/dc/terms/hasVersion" href="http://www.legislation.gov.uk/ukpga/2013/33/schedule/3" title="current"/>
<atom:link rel="up" href="http://www.legislation.gov.uk/ukpga/2013/33/2016-03-07" title="Entire legislation"/>
<atom:link rel="prev" href="http://www.legislation.gov.uk/ukpga/2013/33/schedule/2/2016-03-07" title="Schedule; Schedule 2"/>
<atom:link rel="prevInForce" href="http://www.legislation.gov.uk/ukpga/2013/33/schedule/2/2016-03-07" title="Schedule; Schedule 2"/>
<atom:link rel="next" href="http://www.legislation.gov.uk/ukpga/2013/33/schedule/4/2016-03-07" title="Schedule; Schedule 4"/>
<atom:link rel="nextInForce" href="http://www.legislation.gov.uk/ukpga/2013/33/schedule/4/2016-03-07" title="Schedule; Schedule 4"/>
<ukm:PrimaryMetadata>
<ukm:DocumentClassification>
<ukm:DocumentCategory Value="primary"/>
<ukm:DocumentMainType Value="UnitedKingdomPublicGeneralAct"/>
<ukm:DocumentStatus Value="revised"/>
</ukm:DocumentClassification>
<ukm:Year Value="2013"/>
<ukm:Number Value="33"/>
<ukm:EnactmentDate Date="2013-12-18"/>
<ukm:ISBN Value="9780105433132"/>
<ukm:UnappliedEffects>
<ukm:UnappliedEffect EffectId="key-31d6ebbf8dd56809c84dbeda9c753fd4" Row="23" URI="http://www.legislation.gov.uk/id/effect/key-31d6ebbf8dd56809c84dbeda9c753fd4" AffectingURI="http://www.legislation.gov.uk/id/uksi/2015/492" AffectingNumber="492" AffectingClass="UnitedKingdomStatutoryInstrument" Modified="2019-01-03T09:36:07Z" AffectingProvisions="Order" Comments="Already added to appended commentary for EXTOES for 2014 SI0490" AffectedProvisions="specified provision(s)" Type="savings and transitional provisions for commencing SI 2015/490" AffectedYear="2013" RequiresApplied="false" AffectedNumber="33" AffectedURI="http://www.legislation.gov.uk/id/ukpga/2013/33" TypeNotes="savings and transitional provisions for commencing SI 2015/490" AffectedClass="UnitedKingdomPublicGeneralAct" AffectingYear="2015">
<ukm:AffectedTitle>Financial Services (Banking Reform) Act 2013</ukm:AffectedTitle>
<ukm:AffectedProvisions>specified provision(s)</ukm:AffectedProvisions>
<ukm:AffectingTitle>The Financial Services (Banking Reform) Act 2013 (Transitional and Savings Provisions) Order 2015</ukm:AffectingTitle>
<ukm:AffectingProvisions>Order</ukm:AffectingProvisions>
<ukm:InForceDates>
<ukm:InForce Prospective="true" Qualification=""/>
</ukm:InForceDates>
</ukm:UnappliedEffect>
<ukm:UnappliedEffect Row="24" AffectedYear="2013" Modified="2019-01-03T09:36:07Z" TypeNotes="amendment to earlier commencing S.I. 2015/490, art. 2" AffectingEffectsExtent="E+W+S+N.I." AffectedClass="UnitedKingdomPublicGeneralAct" AffectingProvisions="art. 2" AffectedURI="http://www.legislation.gov.uk/id/ukpga/2013/33" Comments="Amendment reflected in appended commentary in EXTOES for 2015 SI0490" AffectingURI="http://www.legislation.gov.uk/id/uksi/2015/2055" URI="http://www.legislation.gov.uk/id/effect/key-ff13df488d691c8ca98c37a43cfb1500" AffectingClass="UnitedKingdomStatutoryInstrument" RequiresApplied="false" AffectingNumber="2055" Type="amendment to earlier commencing S.I. 2015/490, art. 2" AffectingYear="2015" AffectedProvisions="specified provision(s)" AffectedNumber="33" EffectId="key-ff13df488d691c8ca98c37a43cfb1500">
<ukm:AffectedTitle>Financial Services (Banking Reform) Act 2013</ukm:AffectedTitle>
<ukm:AffectedProvisions>specified provision(s)</ukm:AffectedProvisions>
<ukm:AffectingTitle>The Financial Services (Banking Reform) Act 2013 (Commencement No. 9) (Amendment) Order 2015</ukm:AffectingTitle>
<ukm:AffectingProvisions>
<ukm:Section Ref="article-2" URI="http://www.legislation.gov.uk/id/uksi/2015/2055/article/2">art. 2</ukm:Section>
</ukm:AffectingProvisions>
<ukm:InForceDates>
<ukm:InForce Date="2015-12-16" Qualification="wholly in force"/>
</ukm:InForceDates>
</ukm:UnappliedEffect>
<ukm:UnappliedEffect Type="inserted" AffectingProvisions="Sch. 29 para. 11(2)" Row="914" AffectedProvisions="s. 59(7)" AffectedClass="UnitedKingdomPublicGeneralAct" AffectingEffectsExtent="S+A+M+E+A+S+A+F+F+E+C+T+E+D" AffectedYear="2013" AffectingNumber="13" URI="http://www.legislation.gov.uk/id/effect/ukpga-2024-13-gatg7ly5-914" AffectedNumber="33" AffectingURI="http://www.legislation.gov.uk/id/ukpga/2024/13" Created="2024-07-01T15:31:50Z" RequiresApplied="true" AffectingClass="UnitedKingdomPublicGeneralAct" AffectingYear="2024" EffectId="key-801017c5ed06026b478a4e0822a8574a" AffectedURI="http://www.legislation.gov.uk/id/ukpga/2013/33">
<ukm:AffectedTitle>Financial Services (Banking Reform) Act 2013</ukm:AffectedTitle>
<ukm:AffectedProvisions>
<ukm:Section Ref="section-59-7" URI="http://www.legislation.gov.uk/id/ukpga/2013/33/section/59/7" FoundRef="section-59">s. 59(7)</ukm:Section>
</ukm:AffectedProvisions>
<ukm:AffectingTitle>Digital Markets, Competition and Consumers Act 2024</ukm:AffectingTitle>
<ukm:AffectingProvisions>
<ukm:Section Ref="schedule-29" URI="http://www.legislation.gov.uk/id/ukpga/2024/13/schedule/29">Sch. 29 </ukm:Section>
<ukm:Section Ref="schedule-29-paragraph-11-2" URI="http://www.legislation.gov.uk/id/ukpga/2024/13/schedule/29/paragraph/11/2">para. 11(2)</ukm:Section>
</ukm:AffectingProvisions>
<ukm:CommencementAuthority>
<ukm:Section Ref="section-339-1" URI="http://www.legislation.gov.uk/id/ukpga/2024/13/section/339/1">s. 339(1)</ukm:Section>
</ukm:CommencementAuthority>
<ukm:InForceDates>
<ukm:InForce Applied="false" Prospective="true" Qualification=""/>
</ukm:InForceDates>
</ukm:UnappliedEffect>
<ukm:UnappliedEffect AffectingEffectsExtent="S+A+M+E+A+S+A+F+F+E+C+T+E+D" AffectingURI="http://www.legislation.gov.uk/id/ukpga/2024/13" Created="2024-07-01T15:31:50Z" AffectingNumber="13" AffectedNumber="33" AffectingProvisions="Sch. 29 para. 11(3)" AffectedClass="UnitedKingdomPublicGeneralAct" Type="inserted" RequiresApplied="true" AffectingClass="UnitedKingdomPublicGeneralAct" AffectedProvisions="s. 61(6)" Row="915" EffectId="key-b99e804959b58247eadaa96bb8768681" AffectingYear="2024" URI="http://www.legislation.gov.uk/id/effect/ukpga-2024-13-gatg7ly5-915" AffectedYear="2013" AffectedURI="http://www.legislation.gov.uk/id/ukpga/2013/33">
<ukm:AffectedTitle>Financial Services (Banking Reform) Act 2013</ukm:AffectedTitle>
<ukm:AffectedProvisions>
<ukm:Section Ref="section-61-6" URI="http://www.legislation.gov.uk/id/ukpga/2013/33/section/61/6" FoundRef="section-61">s. 61(6)</ukm:Section>
</ukm:AffectedProvisions>
<ukm:AffectingTitle>Digital Markets, Competition and Consumers Act 2024</ukm:AffectingTitle>
<ukm:AffectingProvisions>
<ukm:Section Ref="schedule-29" URI="http://www.legislation.gov.uk/id/ukpga/2024/13/schedule/29">Sch. 29 </ukm:Section>
<ukm:Section Ref="schedule-29-paragraph-11-3" URI="http://www.legislation.gov.uk/id/ukpga/2024/13/schedule/29/paragraph/11/3">para. 11(3)</ukm:Section>
</ukm:AffectingProvisions>
<ukm:CommencementAuthority>
<ukm:Section Ref="section-339-1" URI="http://www.legislation.gov.uk/id/ukpga/2024/13/section/339/1">s. 339(1)</ukm:Section>
</ukm:CommencementAuthority>
<ukm:InForceDates>
<ukm:InForce Applied="false" Prospective="true" Qualification=""/>
</ukm:InForceDates>
</ukm:UnappliedEffect>
</ukm:UnappliedEffects>
</ukm:PrimaryMetadata>
<ukm:Notes>
<ukm:Note IdURI="http://www.legislation.gov.uk/id/ukpga/2013/33/schedule/3/notes" DocumentURI="http://www.legislation.gov.uk/ukpga/2013/33/schedule/3/notes"/>
<ukm:Alternatives>
<ukm:Alternative URI="http://www.legislation.gov.uk/ukpga/2013/33/pdfs/ukpgaen_20130033_en.pdf" Date="2014-02-04" Title="Explanatory Note" Size="789993"/>
</ukm:Alternatives>
</ukm:Notes>
<ukm:CorrectionSlips>
<ukm:CorrectionSlip URI="http://www.legislation.gov.uk/ukpga/2013/33/pdfs/ukpgacs_20130033_en_003.pdf" Date="2018-11-26" Title="Correction Slip 3" Size="11459"/>
<ukm:CorrectionSlip URI="http://www.legislation.gov.uk/ukpga/2013/33/pdfs/ukpgacs_20130033_en_001.pdf" Date="2015-03-16" Title="Correction Slip 1" Size="11375"/>
<ukm:CorrectionSlip URI="http://www.legislation.gov.uk/ukpga/2013/33/pdfs/ukpgacs_20130033_en.pdf" Date="2014-03-27" Title="Correction Slip" Size="11591"/>
</ukm:CorrectionSlips>
<ukm:Alternatives>
<ukm:Alternative URI="http://www.legislation.gov.uk/ukpga/2013/33/pdfs/ukpga_20130033_en.pdf" Date="2013-12-20" Size="1498429"/>
</ukm:Alternatives>
<ukm:Statistics>
<ukm:TotalParagraphs Value="422"/>
<ukm:BodyParagraphs Value="210"/>
<ukm:ScheduleParagraphs Value="212"/>
<ukm:AttachmentParagraphs Value="0"/>
<ukm:TotalImages Value="0"/>
</ukm:Statistics>
</ukm:Metadata>
<Primary>
<Schedules RestrictEndDate="2017-03-01" RestrictStartDate="2016-03-07" RestrictExtent="E+W+S+N.I.">
<Title>SCHEDULES</Title>
<Schedule DocumentURI="http://www.legislation.gov.uk/ukpga/2013/33/schedule/3/2016-03-07" IdURI="http://www.legislation.gov.uk/id/ukpga/2013/33/schedule/3" NumberOfProvisions="19" RestrictEndDate="2017-03-01" id="schedule-3" RestrictStartDate="2016-03-07">
<Number>SCHEDULE 3</Number>
<TitleBlock>
<Title>Consequential amendments relating to Part 4</Title>
</TitleBlock>
<Reference> Section 35</Reference>
<ScheduleBody>
<Pblock DocumentURI="http://www.legislation.gov.uk/ukpga/2013/33/schedule/3/crossheading/financial-services-and-markets-act-2000/2016-03-07" IdURI="http://www.legislation.gov.uk/id/ukpga/2013/33/schedule/3/crossheading/financial-services-and-markets-act-2000" NumberOfProvisions="17" RestrictEndDate="2017-03-01" id="schedule-3-crossheading-financial-services-and-markets-act-2000" RestrictStartDate="2016-03-07">
<Title>
<Emphasis>Financial Services and Markets Act 2000</Emphasis>
</Title>
<P1 DocumentURI="http://www.legislation.gov.uk/ukpga/2013/33/schedule/3/paragraph/1/2016-03-07" IdURI="http://www.legislation.gov.uk/id/ukpga/2013/33/schedule/3/paragraph/1" id="schedule-3-paragraph-1" RestrictStartDate="2016-03-07">
<Pnumber PuncAfter="">
<CommentaryRef Ref="key-0496879a0f6e24f3da5d01930cc8e425"/>
1
</Pnumber>
<P1para>
<P2 DocumentURI="http://www.legislation.gov.uk/ukpga/2013/33/schedule/3/paragraph/1/1/2016-03-07" IdURI="http://www.legislation.gov.uk/id/ukpga/2013/33/schedule/3/paragraph/1/1" id="schedule-3-paragraph-1-1">
<Pnumber>1</Pnumber>
<P2para>
<Text>Section 59 of FSMA 2000 (approval for particular arrangements) is amended as follows.</Text>
</P2para>
</P2>
<P2 DocumentURI="http://www.legislation.gov.uk/ukpga/2013/33/schedule/3/paragraph/1/2/2016-03-07" IdURI="http://www.legislation.gov.uk/id/ukpga/2013/33/schedule/3/paragraph/1/2" id="schedule-3-paragraph-1-2">
<Pnumber>2</Pnumber>
<P2para>
<Text>
In subsection (1), for the words from “the appropriate regulator” to the end substitute
<InlineAmendment>“ that person is acting in accordance with an approval given by the appropriate regulator under this section. ”</InlineAmendment>
</Text>
</P2para>
</P2>
<P2 DocumentURI="http://www.legislation.gov.uk/ukpga/2013/33/schedule/3/paragraph/1/3/2016-03-07" IdURI="http://www.legislation.gov.uk/id/ukpga/2013/33/schedule/3/paragraph/1/3" id="schedule-3-paragraph-1-3">
<Pnumber>3</Pnumber>
<P2para>
<Text>
In subsection (2), for the words from “the appropriate regulator” to the end substitute
<InlineAmendment>“ that person is acting in accordance with an approval given by the appropriate regulator under this section. ”</InlineAmendment>
</Text>
</P2para>
</P2>
</P1para>
</P1>
<P1 DocumentURI="http://www.legislation.gov.uk/ukpga/2013/33/schedule/3/paragraph/2/2016-03-07" IdURI="http://www.legislation.gov.uk/id/ukpga/2013/33/schedule/3/paragraph/2" id="schedule-3-paragraph-2" RestrictStartDate="2016-03-07">
<Pnumber PuncAfter="">
<CommentaryRef Ref="key-b76462a71f4fc6d3bcfec22fb0b67c67"/>
<CommentaryRef Ref="key-0f31cbf51d492b152907e6dadbeb08fb"/>
2
</Pnumber>
<P1para>
<P2 DocumentURI="http://www.legislation.gov.uk/ukpga/2013/33/schedule/3/paragraph/2/1/2016-03-07" IdURI="http://www.legislation.gov.uk/id/ukpga/2013/33/schedule/3/paragraph/2/1" id="schedule-3-paragraph-2-1">
<Pnumber>1</Pnumber>
<P2para>
<Text>Section 59A of FSMA 2000 (specifying functions as controlled functions: supplementary) is amended as follows.</Text>
</P2para>
</P2>
<P2 DocumentURI="http://www.legislation.gov.uk/ukpga/2013/33/schedule/3/paragraph/2/2/2016-03-07" IdURI="http://www.legislation.gov.uk/id/ukpga/2013/33/schedule/3/paragraph/2/2" id="schedule-3-paragraph-2-2">
<Pnumber>2</Pnumber>
<P2para>
<Text>
In subsection (1)(a) and (b), for “significant-influence” substitute
<InlineAmendment>“ senior management ”</InlineAmendment>
.
</Text>
</P2para>
</P2>
<P2 DocumentURI="http://www.legislation.gov.uk/ukpga/2013/33/schedule/3/paragraph/2/3/2016-03-07" IdURI="http://www.legislation.gov.uk/id/ukpga/2013/33/schedule/3/paragraph/2/3" id="schedule-3-paragraph-2-3">
<Pnumber>3</Pnumber>
<P2para>
<Text>After subsection (3) insert—</Text>
<BlockAmendment TargetClass="primary" TargetSubClass="unknown" Context="main" Format="default">
<P2>
<Pnumber>3A</Pnumber>
<P2para>
<Text>Senior management function” has the meaning given by section 59ZA.</Text>
</P2para>
</P2>
</BlockAmendment>
</P2para>
</P2>
</P1para>
</P1>
<P1 DocumentURI="http://www.legislation.gov.uk/ukpga/2013/33/schedule/3/paragraph/3/2016-03-07" IdURI="http://www.legislation.gov.uk/id/ukpga/2013/33/schedule/3/paragraph/3" id="schedule-3-paragraph-3" RestrictStartDate="2016-03-07">
<Pnumber PuncAfter="">
<CommentaryRef Ref="key-d6d990cf6b1870406f52f9c7d8167275"/>
3
</Pnumber>
<P1para>
<P2 DocumentURI="http://www.legislation.gov.uk/ukpga/2013/33/schedule/3/paragraph/3/1/2016-03-07" IdURI="http://www.legislation.gov.uk/id/ukpga/2013/33/schedule/3/paragraph/3/1" id="schedule-3-paragraph-3-1">
<Pnumber>1</Pnumber>
<P2para>
<Text>Section 63 of FSMA 2000 (withdrawal of approval) is amended as follows.</Text>
</P2para>
</P2>
<P2 DocumentURI="http://www.legislation.gov.uk/ukpga/2013/33/schedule/3/paragraph/3/2/2016-03-07" IdURI="http://www.legislation.gov.uk/id/ukpga/2013/33/schedule/3/paragraph/3/2" id="schedule-3-paragraph-3-2">
<Pnumber>2</Pnumber>
<P2para>
<Text>
In subsection (1A)(a), for “significant-influence function” substitute
<InlineAmendment>“ relevant senior management function ”</InlineAmendment>
.
</Text>
</P2para>
</P2>
<P2 DocumentURI="http://www.legislation.gov.uk/ukpga/2013/33/schedule/3/paragraph/3/3/2016-03-07" IdURI="http://www.legislation.gov.uk/id/ukpga/2013/33/schedule/3/paragraph/3/3" id="schedule-3-paragraph-3-3">
<Pnumber>3</Pnumber>
<P2para>
<Text>For subsection (1B) substitute—</Text>
<BlockAmendment TargetClass="primary" TargetSubClass="unknown" Context="main" Format="default">
<P2>
<Pnumber>1B</Pnumber>
<P2para>
<Text>
In subsection (1A) “
<Term>relevant senior management function</Term>
” means a function which the PRA is satisfied is a senior management function as defined in section 59ZA (whether or not the function has been designated as such by the FCA).
</Text>
</P2para>
</P2>
</BlockAmendment>
</P2para>
</P2>
</P1para>
</P1>
<P1 DocumentURI="http://www.legislation.gov.uk/ukpga/2013/33/schedule/3/paragraph/4/2016-03-07" IdURI="http://www.legislation.gov.uk/id/ukpga/2013/33/schedule/3/paragraph/4" id="schedule-3-paragraph-4" RestrictStartDate="2016-03-07">
<Pnumber PuncAfter="">
<CommentaryRef Ref="key-83c321eee3033518f04814352fdb0a39"/>
4
</Pnumber>
<P1para>
<Text>In section 63A of FSMA 2000 (power to impose penalties), in subsection (2), for paragraph (b) substitute—</Text>
<BlockAmendment TargetClass="primary" TargetSubClass="unknown" Context="main" Format="default">
<P3>
<Pnumber>b</Pnumber>
<P3para>
<Text>P, when performing the function, is not acting in accordance with an approval given under section 59.</Text>
</P3para>
</P3>
</BlockAmendment>
</P1para>
</P1>
<P1 DocumentURI="http://www.legislation.gov.uk/ukpga/2013/33/schedule/3/paragraph/5/2016-03-07" IdURI="http://www.legislation.gov.uk/id/ukpga/2013/33/schedule/3/paragraph/5" id="schedule-3-paragraph-5" RestrictStartDate="2016-03-07">
<Pnumber PuncAfter="">
<CommentaryRef Ref="key-c08294f8c234fb2ea2e2e8eb11c96d55"/>
5
</Pnumber>
<P1para>
<P2 DocumentURI="http://www.legislation.gov.uk/ukpga/2013/33/schedule/3/paragraph/5/1/2016-03-07" IdURI="http://www.legislation.gov.uk/id/ukpga/2013/33/schedule/3/paragraph/5/1" id="schedule-3-paragraph-5-1">
<Pnumber>1</Pnumber>
<P2para>
<Text>Section 66 of FSMA 2000 (disciplinary powers) is amended as follows.</Text>
</P2para>
</P2>
<P2 DocumentURI="http://www.legislation.gov.uk/ukpga/2013/33/schedule/3/paragraph/5/2/2016-03-07" IdURI="http://www.legislation.gov.uk/id/ukpga/2013/33/schedule/3/paragraph/5/2" id="schedule-3-paragraph-5-2">
<Pnumber>2</Pnumber>
<P2para>
<Text>In subsection (3), for paragraph (ab) (and the “or” following it) substitute—</Text>
<BlockAmendment TargetClass="primary" TargetSubClass="unknown" Context="main" Format="default">
<P3>
<Pnumber>ab</Pnumber>
<P3para>
<Text>impose, for such period as it considers appropriate, any conditions in relation to any such approval which it considers appropriate;</Text>
</P3para>
</P3>
<P3>
<Pnumber>ac</Pnumber>
<P3para>
<Text>limit the period for which any such approval is to have effect;</Text>
</P3para>
</P3>
</BlockAmendment>
<AppendText>.</AppendText>
</P2para>
</P2>
<P2 DocumentURI="http://www.legislation.gov.uk/ukpga/2013/33/schedule/3/paragraph/5/3/2016-03-07" IdURI="http://www.legislation.gov.uk/id/ukpga/2013/33/schedule/3/paragraph/5/3" id="schedule-3-paragraph-5-3">
<Pnumber>3</Pnumber>
<P2para>
<Text>
In subsection (3A), for “restriction” substitute
<InlineAmendment>“ condition ”</InlineAmendment>
.
</Text>
</P2para>
</P2>
<P2 DocumentURI="http://www.legislation.gov.uk/ukpga/2013/33/schedule/3/paragraph/5/4/2016-03-07" IdURI="http://www.legislation.gov.uk/id/ukpga/2013/33/schedule/3/paragraph/5/4" id="schedule-3-paragraph-5-4">
<Pnumber>4</Pnumber>
<P2para>
<Text>
In subsection (3B), for “or restriction” substitute
<InlineAmendment>“ , condition or limitation ”</InlineAmendment>
.
</Text>
</P2para>
</P2>
<P2 DocumentURI="http://www.legislation.gov.uk/ukpga/2013/33/schedule/3/paragraph/5/5/2016-03-07" IdURI="http://www.legislation.gov.uk/id/ukpga/2013/33/schedule/3/paragraph/5/5" id="schedule-3-paragraph-5-5">
<Pnumber>5</Pnumber>
<P2para>
<Text>
In subsection (3C), for “restriction” substitute
<InlineAmendment>“ condition ”</InlineAmendment>
.
</Text>
</P2para>
</P2>
<P2 DocumentURI="http://www.legislation.gov.uk/ukpga/2013/33/schedule/3/paragraph/5/6/2016-03-07" IdURI="http://www.legislation.gov.uk/id/ukpga/2013/33/schedule/3/paragraph/5/6" id="schedule-3-paragraph-5-6">
<Pnumber>6</Pnumber>
<P2para>
<Text>In subsection (3D)—</Text>
<P3 DocumentURI="http://www.legislation.gov.uk/ukpga/2013/33/schedule/3/paragraph/5/6/a/2016-03-07" IdURI="http://www.legislation.gov.uk/id/ukpga/2013/33/schedule/3/paragraph/5/6/a" id="schedule-3-paragraph-5-6-a">
<Pnumber>a</Pnumber>
<P3para>
<Text>
in paragraph (a), for “or restriction” substitute
<InlineAmendment>“ , condition or limitation ”</InlineAmendment>
,
</Text>
</P3para>
</P3>
<P3 DocumentURI="http://www.legislation.gov.uk/ukpga/2013/33/schedule/3/paragraph/5/6/b/2016-03-07" IdURI="http://www.legislation.gov.uk/id/ukpga/2013/33/schedule/3/paragraph/5/6/b" id="schedule-3-paragraph-5-6-b">
<Pnumber>b</Pnumber>
<P3para>
<Text>omit the “or” at the end of paragraph (a),</Text>
</P3para>
</P3>
<P3 DocumentURI="http://www.legislation.gov.uk/ukpga/2013/33/schedule/3/paragraph/5/6/c/2016-03-07" IdURI="http://www.legislation.gov.uk/id/ukpga/2013/33/schedule/3/paragraph/5/6/c" id="schedule-3-paragraph-5-6-c">
<Pnumber>c</Pnumber>
<P3para>
<Text>
in paragraph (b), for “restriction” substitute
<InlineAmendment>“ condition ”</InlineAmendment>
, and
</Text>
</P3para>
</P3>
<P3 DocumentURI="http://www.legislation.gov.uk/ukpga/2013/33/schedule/3/paragraph/5/6/d/2016-03-07" IdURI="http://www.legislation.gov.uk/id/ukpga/2013/33/schedule/3/paragraph/5/6/d" id="schedule-3-paragraph-5-6-d">
<Pnumber>d</Pnumber>
<P3para>
<Text>after that paragraph insert—</Text>
<BlockAmendment TargetClass="unknown" TargetSubClass="unknown" Context="unknown" Format="default">
<P3>
<Pnumber>c</Pnumber>
<P3para>
<Text>vary a limitation so as to increase the period for which the approval is to have effect.</Text>
</P3para>
</P3>
</BlockAmendment>
</P3para>
</P3>
</P2para>
</P2>
<P2 DocumentURI="http://www.legislation.gov.uk/ukpga/2013/33/schedule/3/paragraph/5/7/2016-03-07" IdURI="http://www.legislation.gov.uk/id/ukpga/2013/33/schedule/3/paragraph/5/7" id="schedule-3-paragraph-5-7">
<Pnumber>7</Pnumber>
<P2para>
<Text>
In subsection (9), for “restriction” substitute
<InlineAmendment>“ condition ”</InlineAmendment>
.
</Text>
</P2para>
</P2>
</P1para>
</P1>
<P1 DocumentURI="http://www.legislation.gov.uk/ukpga/2013/33/schedule/3/paragraph/6/2016-03-07" IdURI="http://www.legislation.gov.uk/id/ukpga/2013/33/schedule/3/paragraph/6" id="schedule-3-paragraph-6" RestrictStartDate="2016-03-07">
<Pnumber PuncAfter="">
<CommentaryRef Ref="key-4287f09918e3983d2289cde59f8ef691"/>
6
</Pnumber>
<P1para>
<P2 DocumentURI="http://www.legislation.gov.uk/ukpga/2013/33/schedule/3/paragraph/6/1/2016-03-07" IdURI="http://www.legislation.gov.uk/id/ukpga/2013/33/schedule/3/paragraph/6/1" id="schedule-3-paragraph-6-1">
<Pnumber>1</Pnumber>
<P2para>
<Text>Section 67 of FSMA 2000 (disciplinary measures: procedure and right to refer to Tribunal) is amended as follows.</Text>
</P2para>
</P2>
<P2 DocumentURI="http://www.legislation.gov.uk/ukpga/2013/33/schedule/3/paragraph/6/2/2016-03-07" IdURI="http://www.legislation.gov.uk/id/ukpga/2013/33/schedule/3/paragraph/6/2" id="schedule-3-paragraph-6-2">
<Pnumber>2</Pnumber>
<P2para>
<Text>
In subsection (1), for “or (ab)” substitute
<InlineAmendment>“ , (ab) or (ac) ”</InlineAmendment>
.
</Text>
</P2para>
</P2>
<P2 DocumentURI="http://www.legislation.gov.uk/ukpga/2013/33/schedule/3/paragraph/6/3/2016-03-07" IdURI="http://www.legislation.gov.uk/id/ukpga/2013/33/schedule/3/paragraph/6/3" id="schedule-3-paragraph-6-3">
<Pnumber>3</Pnumber>
<P2para>
<Text>
In subsection (2A), for “restriction” (in both places) substitute
<InlineAmendment>“ condition ”</InlineAmendment>
.
</Text>
</P2para>
</P2>
<P2 DocumentURI="http://www.legislation.gov.uk/ukpga/2013/33/schedule/3/paragraph/6/4/2016-03-07" IdURI="http://www.legislation.gov.uk/id/ukpga/2013/33/schedule/3/paragraph/6/4" id="schedule-3-paragraph-6-4">
<Pnumber>4</Pnumber>
<P2para>
<Text>After subsection (2A) insert—</Text>
<BlockAmendment TargetClass="primary" TargetSubClass="unknown" Context="main" Format="default">
<P2>
<Pnumber>2B</Pnumber>
<P2para>
<Text>A warning notice about a proposal to limit the period for which an approval is to have effect must state the length of that period.</Text>
</P2para>
</P2>
</BlockAmendment>
</P2para>
</P2>
<P2 DocumentURI="http://www.legislation.gov.uk/ukpga/2013/33/schedule/3/paragraph/6/5/2016-03-07" IdURI="http://www.legislation.gov.uk/id/ukpga/2013/33/schedule/3/paragraph/6/5" id="schedule-3-paragraph-6-5">
<Pnumber>5</Pnumber>
<P2para>
<Text>
In subsection (4), for “or (ab)” substitute
<InlineAmendment>“ , (ab) or (ac) ”</InlineAmendment>
.
</Text>
</P2para>
</P2>
<P2 DocumentURI="http://www.legislation.gov.uk/ukpga/2013/33/schedule/3/paragraph/6/6/2016-03-07" IdURI="http://www.legislation.gov.uk/id/ukpga/2013/33/schedule/3/paragraph/6/6" id="schedule-3-paragraph-6-6">
<Pnumber>6</Pnumber>
<P2para>
<Text>
In subsection (5A), for “restriction” (in both places) substitute
<InlineAmendment>“ condition ”</InlineAmendment>
.
</Text>
</P2para>
</P2>
<P2 DocumentURI="http://www.legislation.gov.uk/ukpga/2013/33/schedule/3/paragraph/6/7/2016-03-07" IdURI="http://www.legislation.gov.uk/id/ukpga/2013/33/schedule/3/paragraph/6/7" id="schedule-3-paragraph-6-7">
<Pnumber>7</Pnumber>
<P2para>
<Text>After subsection (5A) insert—</Text>
<BlockAmendment TargetClass="primary" TargetSubClass="unknown" Context="main" Format="default">
<P2>
<Pnumber>5B</Pnumber>
<P2para>
<Text>A decision notice about limiting the period for which an approval is to have effect must state the length of that period.</Text>
</P2para>
</P2>
</BlockAmendment>
</P2para>
</P2>
<P2 DocumentURI="http://www.legislation.gov.uk/ukpga/2013/33/schedule/3/paragraph/6/8/2016-03-07" IdURI="http://www.legislation.gov.uk/id/ukpga/2013/33/schedule/3/paragraph/6/8" id="schedule-3-paragraph-6-8">
<Pnumber>8</Pnumber>
<P2para>
<Text>
In subsection (7), for “or (ab)” substitute
<InlineAmendment>“ , (ab) or (ac) ”</InlineAmendment>
.
</Text>
</P2para>
</P2>
</P1para>
</P1>
<P1 DocumentURI="http://www.legislation.gov.uk/ukpga/2013/33/schedule/3/paragraph/7/2016-03-07" IdURI="http://www.legislation.gov.uk/id/ukpga/2013/33/schedule/3/paragraph/7" id="schedule-3-paragraph-7" RestrictStartDate="2014-07-25">
<Pnumber PuncAfter="">
<CommentaryRef Ref="key-07131a2b1e8165c28b4aaa546e571aaa"/>
7
</Pnumber>
<P1para>
<Text>In section 69 of FSMA 2000 (statement of policy), in subsection (1)—</Text>
<P3 DocumentURI="http://www.legislation.gov.uk/ukpga/2013/33/schedule/3/paragraph/7/a/2016-03-07" IdURI="http://www.legislation.gov.uk/id/ukpga/2013/33/schedule/3/paragraph/7/a" id="schedule-3-paragraph-7-a">
<Pnumber>a</Pnumber>
<P3para>
<Text>
in paragraph (a), for “or restrictions” substitute
<InlineAmendment>“ , conditions or limitations ”</InlineAmendment>
;
</Text>
</P3para>
</P3>
<P3 DocumentURI="http://www.legislation.gov.uk/ukpga/2013/33/schedule/3/paragraph/7/b/2016-03-07" IdURI="http://www.legislation.gov.uk/id/ukpga/2013/33/schedule/3/paragraph/7/b" id="schedule-3-paragraph-7-b">
<Pnumber>b</Pnumber>
<P3para>
<Text>omit the “and” at the end of paragraph (b);</Text>
</P3para>
</P3>
<P3 DocumentURI="http://www.legislation.gov.uk/ukpga/2013/33/schedule/3/paragraph/7/c/2016-03-07" IdURI="http://www.legislation.gov.uk/id/ukpga/2013/33/schedule/3/paragraph/7/c" id="schedule-3-paragraph-7-c">
<Pnumber>c</Pnumber>
<P3para>
<Text>
in paragraph (c), for “restrictions” substitute
<InlineAmendment>“ conditions ”</InlineAmendment>
;
</Text>
</P3para>
</P3>
<P3 DocumentURI="http://www.legislation.gov.uk/ukpga/2013/33/schedule/3/paragraph/7/d/2016-03-07" IdURI="http://www.legislation.gov.uk/id/ukpga/2013/33/schedule/3/paragraph/7/d" id="schedule-3-paragraph-7-d">
<Pnumber>d</Pnumber>
<P3para>
<Text>at the end of paragraph (c) insert</Text>
<BlockAmendment TargetClass="unknown" TargetSubClass="unknown" Context="unknown" Format="default">
<Text>; and </Text>
<P3>
<Pnumber>d</Pnumber>
<P3para>
<Text>the period for which approvals under section 59 are to have effect as a result of a limitation under section 66.</Text>
</P3para>
</P3>
</BlockAmendment>
</P3para>
</P3>
</P1para>
</P1>
<P1 DocumentURI="http://www.legislation.gov.uk/ukpga/2013/33/schedule/3/paragraph/8/2016-03-07" IdURI="http://www.legislation.gov.uk/id/ukpga/2013/33/schedule/3/paragraph/8" id="schedule-3-paragraph-8" RestrictStartDate="2014-07-25">
<Pnumber PuncAfter="">
<CommentaryRef Ref="key-25492b9401d0a1f1071e3daaa3593f24"/>
8
</Pnumber>
<P1para>
<Text>In section 138A of FSMA 2000 (modification or waiver of rules), in subsection (2), before paragraph (a) insert—</Text>
<BlockAmendment TargetClass="primary" TargetSubClass="rule" Context="main" Format="default">
<P3>
<Pnumber>za</Pnumber>
<P3para>
<Text>rules made by either regulator under section 64A (rules of conduct);</Text>
</P3para>
</P3>
</BlockAmendment>
<AppendText>.</AppendText>
</P1para>
</P1>
<P1 DocumentURI="http://www.legislation.gov.uk/ukpga/2013/33/schedule/3/paragraph/9/2016-03-07" IdURI="http://www.legislation.gov.uk/id/ukpga/2013/33/schedule/3/paragraph/9" id="schedule-3-paragraph-9" RestrictStartDate="2014-07-25">
<Pnumber PuncAfter="">
<CommentaryRef Ref="key-c43a68c7c2473b607a03279ede66c560"/>
9
</Pnumber>
<P1para>
<Text>In section 138D of FSMA 2000 (actions for damages), in subsection (5), before paragraph (a) insert—</Text>
<BlockAmendment TargetClass="primary" TargetSubClass="unknown" Context="main" Format="default">
<P3>
<Pnumber>za</Pnumber>
<P3para>
<Text>rules under section 64A (rules of conduct);</Text>
</P3para>
</P3>
</BlockAmendment>
<AppendText>.</AppendText>
</P1para>
</P1>
<P1 DocumentURI="http://www.legislation.gov.uk/ukpga/2013/33/schedule/3/paragraph/10/2016-03-07" IdURI="http://www.legislation.gov.uk/id/ukpga/2013/33/schedule/3/paragraph/10" id="schedule-3-paragraph-10" RestrictStartDate="2016-03-07">
<Pnumber PuncAfter="">
<CommentaryRef Ref="key-004f267f5faece707291b45cfdebd7ba"/>
10
</Pnumber>
<P1para>
<Text>In section 140A of FSMA 2000 (interpretation), in the definition of “regulating provisions”—</Text>
<P3 DocumentURI="http://www.legislation.gov.uk/ukpga/2013/33/schedule/3/paragraph/10/a/2016-03-07" IdURI="http://www.legislation.gov.uk/id/ukpga/2013/33/schedule/3/paragraph/10/a" id="schedule-3-paragraph-10-a">
<Pnumber>a</Pnumber>
<P3para>
<Text>in paragraph (a)—</Text>
<P4 DocumentURI="http://www.legislation.gov.uk/ukpga/2013/33/schedule/3/paragraph/10/a/i/2016-03-07" IdURI="http://www.legislation.gov.uk/id/ukpga/2013/33/schedule/3/paragraph/10/a/i" id="schedule-3-paragraph-10-a-i">
<Pnumber>i</Pnumber>
<P4para>
<Text>omit sub-paragraph (iii), and</Text>
</P4para>
</P4>
<P4 DocumentURI="http://www.legislation.gov.uk/ukpga/2013/33/schedule/3/paragraph/10/a/ii/2016-03-07" IdURI="http://www.legislation.gov.uk/id/ukpga/2013/33/schedule/3/paragraph/10/a/ii" id="schedule-3-paragraph-10-a-ii">
<Pnumber>ii</Pnumber>
<P4para>
<Text>in sub-paragraph (iv), omit “64 or”;</Text>
</P4para>
</P4>
</P3para>
</P3>
<P3 DocumentURI="http://www.legislation.gov.uk/ukpga/2013/33/schedule/3/paragraph/10/b/2016-03-07" IdURI="http://www.legislation.gov.uk/id/ukpga/2013/33/schedule/3/paragraph/10/b" id="schedule-3-paragraph-10-b">
<Pnumber>b</Pnumber>
<P3para>
<Text>in paragraph (b), omit sub-paragraphs (ii) and (iii).</Text>
</P3para>
</P3>
</P1para>
</P1>
<P1 DocumentURI="http://www.legislation.gov.uk/ukpga/2013/33/schedule/3/paragraph/11/2016-03-07" IdURI="http://www.legislation.gov.uk/id/ukpga/2013/33/schedule/3/paragraph/11" id="schedule-3-paragraph-11" RestrictStartDate="2016-03-07">
<Pnumber PuncAfter="">
<CommentaryRef Ref="key-1171e5999145840ab5449d7668409056"/>
11
</Pnumber>
<P1para>
<Text>
In section 347 of FSMA 2000 (the record of authorised persons
<Abbreviation Expansion="et cetera" xml:lang="la">etc.</Abbreviation>
), in subsection (2)(g), in sub-paragraphs (ii) and (iii), for “relevant authorised person” substitute
<InlineAmendment>“ authorised person concerned ”</InlineAmendment>
.
</Text>
</P1para>
</P1>
<P1 DocumentURI="http://www.legislation.gov.uk/ukpga/2013/33/schedule/3/paragraph/12/2016-03-07" IdURI="http://www.legislation.gov.uk/id/ukpga/2013/33/schedule/3/paragraph/12" id="schedule-3-paragraph-12" RestrictStartDate="2016-03-07">
<Pnumber PuncAfter="">
<CommentaryRef Ref="key-05c5bccd6cfb0fe20b1e99a56d772551"/>
12
</Pnumber>
<P1para>
<Text>
In section 387 of FSMA 2000 (warning notices), in subsection (1A), for “or 55I(8)” substitute
<InlineAmendment>“ , 55I(8) or 61(2D) ”</InlineAmendment>
.
</Text>
</P1para>
</P1>
<P1 DocumentURI="http://www.legislation.gov.uk/ukpga/2013/33/schedule/3/paragraph/13/2016-03-07" IdURI="http://www.legislation.gov.uk/id/ukpga/2013/33/schedule/3/paragraph/13" id="schedule-3-paragraph-13" RestrictStartDate="2016-03-07">
<Pnumber PuncAfter="">
<CommentaryRef Ref="key-fc7356ee8e9a1b7b1042312bcddf0d27"/>
13
</Pnumber>
<P1para>
<Text>
In section 388 of FSMA 2000 (decision notices), in subsection (1A), for “or 55I(8)” substitute
<InlineAmendment>“ , 55I(8) or 61(2D) ”</InlineAmendment>
.
</Text>
</P1para>
</P1>
<P1 DocumentURI="http://www.legislation.gov.uk/ukpga/2013/33/schedule/3/paragraph/14/2016-03-07" IdURI="http://www.legislation.gov.uk/id/ukpga/2013/33/schedule/3/paragraph/14" id="schedule-3-paragraph-14" RestrictStartDate="2016-03-07">
<Pnumber PuncAfter="">
<CommentaryRef Ref="key-7313d86e3329f512e2893dd3e1663c1a"/>
14
</Pnumber>
<P1para>
<Text>In section 395 of FSMA 2000 (supervisory notices), in subsection (13), after paragraph (a) insert—</Text>
<BlockAmendment TargetClass="primary" TargetSubClass="unknown" Context="main" Format="default">
<P3>
<Pnumber>aa</Pnumber>
<P3para>
<Text>63ZC(4), (8) or (9)(b);</Text>
</P3para>
</P3>
</BlockAmendment>
<AppendText>.</AppendText>
</P1para>
</P1>
<P1 DocumentURI="http://www.legislation.gov.uk/ukpga/2013/33/schedule/3/paragraph/15/2016-03-07" IdURI="http://www.legislation.gov.uk/id/ukpga/2013/33/schedule/3/paragraph/15" id="schedule-3-paragraph-15" RestrictStartDate="2016-03-07">
<Pnumber PuncAfter="">
<CommentaryRef Ref="key-56e7dd8d51e477a2ab1ea95204b135f5"/>
15
</Pnumber>
<P1para>
<P2 DocumentURI="http://www.legislation.gov.uk/ukpga/2013/33/schedule/3/paragraph/15/1/2016-03-07" IdURI="http://www.legislation.gov.uk/id/ukpga/2013/33/schedule/3/paragraph/15/1" id="schedule-3-paragraph-15-1">
<Pnumber>1</Pnumber>
<P2para>
<Text>Section 415B of FSMA 2000 (consultation in relation to taking certain enforcement action) is amended as follows.</Text>
</P2para>
</P2>
<P2 DocumentURI="http://www.legislation.gov.uk/ukpga/2013/33/schedule/3/paragraph/15/2/2016-03-07" IdURI="http://www.legislation.gov.uk/id/ukpga/2013/33/schedule/3/paragraph/15/2" id="schedule-3-paragraph-15-2">
<Pnumber>2</Pnumber>
<P2para>
<Text>In subsection (4)—</Text>
<P3 DocumentURI="http://www.legislation.gov.uk/ukpga/2013/33/schedule/3/paragraph/15/2/a/2016-03-07" IdURI="http://www.legislation.gov.uk/id/ukpga/2013/33/schedule/3/paragraph/15/2/a" id="schedule-3-paragraph-15-2-a">
<Pnumber>a</Pnumber>
<P3para>
<Text>
in paragraph (b), for “significant-influence” substitute
<InlineAmendment>“ relevant senior management ”</InlineAmendment>
, and
</Text>
</P3para>
</P3>
<P3 DocumentURI="http://www.legislation.gov.uk/ukpga/2013/33/schedule/3/paragraph/15/2/b/2016-03-07" IdURI="http://www.legislation.gov.uk/id/ukpga/2013/33/schedule/3/paragraph/15/2/b" id="schedule-3-paragraph-15-2-b">
<Pnumber>b</Pnumber>
<P3para>
<Text>omit the definitions appearing after that paragraph.</Text>
</P3para>
</P3>
</P2para>
</P2>
<P2 DocumentURI="http://www.legislation.gov.uk/ukpga/2013/33/schedule/3/paragraph/15/3/2016-03-07" IdURI="http://www.legislation.gov.uk/id/ukpga/2013/33/schedule/3/paragraph/15/3" id="schedule-3-paragraph-15-3">
<Pnumber>3</Pnumber>
<P2para>
<Text>After subsection (4) insert—</Text>
<BlockAmendment TargetClass="primary" TargetSubClass="unknown" Context="main" Format="default">
<P2>
<Pnumber>5</Pnumber>
<P2para>
<Text>In subsection (4)—</Text>
<UnorderedList Decoration="none" Class="Definition">
<ListItem>
<Para>
<Text>
<Term>arrangement</Term>
” has the same meaning as in section 59;
</Text>
</Para>
</ListItem>
<ListItem>
<Para>
<Text>
<Term>relevant senior management function</Term>
” means a function which the FCA is satisfied is a senior management function as defined in section 59ZA (whether or not it has been designated as such under section 59(6A) or (6B)).
</Text>
</Para>
</ListItem>
</UnorderedList>
</P2para>
</P2>
</BlockAmendment>
</P2para>
</P2>
</P1para>
</P1>
<P1 DocumentURI="http://www.legislation.gov.uk/ukpga/2013/33/schedule/3/paragraph/16/2016-03-07" IdURI="http://www.legislation.gov.uk/id/ukpga/2013/33/schedule/3/paragraph/16" id="schedule-3-paragraph-16" RestrictStartDate="2016-03-07" RestrictExtent="E+W+S+N.I.">
<Pnumber PuncAfter="">
<CommentaryRef Ref="key-beb054a0aabd6a3726820361413f239c"/>
16
</Pnumber>
<P1para>
<Text>In Schedule 1ZA to FSMA 2000 (the Financial Conduct Authority), in paragraph 8(3)—</Text>
<P3 DocumentURI="http://www.legislation.gov.uk/ukpga/2013/33/schedule/3/paragraph/16/a/2016-03-07" IdURI="http://www.legislation.gov.uk/id/ukpga/2013/33/schedule/3/paragraph/16/a" id="schedule-3-paragraph-16-a">
<Pnumber>a</Pnumber>
<P3para>
<Text>in paragraph (b), omit “64 or”;</Text>
</P3para>
</P3>
<P3 DocumentURI="http://www.legislation.gov.uk/ukpga/2013/33/schedule/3/paragraph/16/b/2016-03-07" IdURI="http://www.legislation.gov.uk/id/ukpga/2013/33/schedule/3/paragraph/16/b" id="schedule-3-paragraph-16-b" RestrictStartDate="2014-07-25">
<Pnumber>b</Pnumber>
<P3para>
<Text>in paragraph (c)(i)—</Text>
<P4 DocumentURI="http://www.legislation.gov.uk/ukpga/2013/33/schedule/3/paragraph/16/b/i/2016-03-07" IdURI="http://www.legislation.gov.uk/id/ukpga/2013/33/schedule/3/paragraph/16/b/i" id="schedule-3-paragraph-16-b-i" RestrictStartDate="2014-07-25">
<Pnumber>
<CommentaryRef Ref="key-7823e66e8f499a434849cc04a1027faa"/>
i
</Pnumber>
<P4para>
<Text>
after “section” insert
<InlineAmendment>“ 63ZD, ”</InlineAmendment>
, and
</Text>
</P4para>
</P4>
<P4 DocumentURI="http://www.legislation.gov.uk/ukpga/2013/33/schedule/3/paragraph/16/b/ii/2016-03-07" IdURI="http://www.legislation.gov.uk/id/ukpga/2013/33/schedule/3/paragraph/16/b/ii" id="schedule-3-paragraph-16-b-ii">
<Pnumber>ii</Pnumber>
<P4para>
<Text>omit “64,”.</Text>
</P4para>
</P4>
</P3para>
</P3>
</P1para>
</P1>
<P1 DocumentURI="http://www.legislation.gov.uk/ukpga/2013/33/schedule/3/paragraph/17/2016-03-07" IdURI="http://www.legislation.gov.uk/id/ukpga/2013/33/schedule/3/paragraph/17" RestrictEndDate="2017-03-01" id="schedule-3-paragraph-17" RestrictStartDate="2016-03-07" RestrictExtent="E+W+S+N.I.">
<Pnumber PuncAfter="">
<CommentaryRef Ref="key-367cc8e26614b2fe68d38de9423c4161"/>
17
</Pnumber>
<P1para>
<Text>In Schedule 1ZB to FSMA 2000 (the Prudential Regulation Authority), in paragraph 16(3)—</Text>
<P3 DocumentURI="http://www.legislation.gov.uk/ukpga/2013/33/schedule/3/paragraph/17/a/2016-03-07" IdURI="http://www.legislation.gov.uk/id/ukpga/2013/33/schedule/3/paragraph/17/a" id="schedule-3-paragraph-17-a">
<Pnumber>a</Pnumber>
<P3para>
<Text>omit paragraph (b);</Text>
</P3para>
</P3>
<P3 DocumentURI="http://www.legislation.gov.uk/ukpga/2013/33/schedule/3/paragraph/17/b/2016-03-07" IdURI="http://www.legislation.gov.uk/id/ukpga/2013/33/schedule/3/paragraph/17/b" id="schedule-3-paragraph-17-b" RestrictStartDate="2014-07-25">
<Pnumber>b</Pnumber>
<P3para>
<Text>in paragraph (c)(i)—</Text>
<P4 DocumentURI="http://www.legislation.gov.uk/ukpga/2013/33/schedule/3/paragraph/17/b/i/2016-03-07" IdURI="http://www.legislation.gov.uk/id/ukpga/2013/33/schedule/3/paragraph/17/b/i" id="schedule-3-paragraph-17-b-i" RestrictStartDate="2014-07-25">
<Pnumber>
<CommentaryRef Ref="key-c9dab524949e00d26109ac5dd8a79530"/>
i
</Pnumber>
<P4para>
<Text>
after “section” insert
<InlineAmendment>“ 63ZD, ”</InlineAmendment>
, and
</Text>
</P4para>
</P4>
<P4 DocumentURI="http://www.legislation.gov.uk/ukpga/2013/33/schedule/3/paragraph/17/b/ii/2016-03-07" IdURI="http://www.legislation.gov.uk/id/ukpga/2013/33/schedule/3/paragraph/17/b/ii" id="schedule-3-paragraph-17-b-ii">
<Pnumber>ii</Pnumber>
<P4para>
<Text>omit “64,”.</Text>
</P4para>
</P4>
</P3para>
</P3>
</P1para>
</P1>
</Pblock>
<Pblock DocumentURI="http://www.legislation.gov.uk/ukpga/2013/33/schedule/3/crossheading/financial-services-act-2012/2016-03-07" IdURI="http://www.legislation.gov.uk/id/ukpga/2013/33/schedule/3/crossheading/financial-services-act-2012" NumberOfProvisions="2" id="schedule-3-crossheading-financial-services-act-2012" RestrictStartDate="2016-03-07">
<Title>
<Emphasis>Financial Services Act 2012</Emphasis>
</Title>
<P1 DocumentURI="http://www.legislation.gov.uk/ukpga/2013/33/schedule/3/paragraph/18/2016-03-07" IdURI="http://www.legislation.gov.uk/id/ukpga/2013/33/schedule/3/paragraph/18" id="schedule-3-paragraph-18" RestrictStartDate="2016-03-07">
<Pnumber PuncAfter="">
<CommentaryRef Ref="key-bef10532db2fbf4ef577a28681534db7"/>
18
</Pnumber>
<P1para>
<Text>In section 14 of the Financial Services Act 2012, omit subsection (4).</Text>
</P1para>
</P1>
<P1 DocumentURI="http://www.legislation.gov.uk/ukpga/2013/33/schedule/3/paragraph/19/2016-03-07" IdURI="http://www.legislation.gov.uk/id/ukpga/2013/33/schedule/3/paragraph/19" id="schedule-3-paragraph-19" RestrictStartDate="2016-03-07" RestrictExtent="E+W+S+N.I.">
<Pnumber PuncAfter="">19</Pnumber>
<P1para>
<P2 DocumentURI="http://www.legislation.gov.uk/ukpga/2013/33/schedule/3/paragraph/19/1/2016-03-07" IdURI="http://www.legislation.gov.uk/id/ukpga/2013/33/schedule/3/paragraph/19/1" id="schedule-3-paragraph-19-1" RestrictStartDate="2016-03-07">
<Pnumber>
<CommentaryRef Ref="key-ad65c69feb6f131df2f8dd5b88c489f1"/>
1
</Pnumber>
<P2para>
<Text>Section 85 of the Financial Services Act 2012 (relevant functions in relation to complaints scheme) is amended as follows.</Text>
</P2para>
</P2>
<P2 DocumentURI="http://www.legislation.gov.uk/ukpga/2013/33/schedule/3/paragraph/19/2/2016-03-07" IdURI="http://www.legislation.gov.uk/id/ukpga/2013/33/schedule/3/paragraph/19/2" id="schedule-3-paragraph-19-2" RestrictStartDate="2016-03-07">
<Pnumber>2</Pnumber>
<P2para>
<Text>In subsection (4)—</Text>
<P3 DocumentURI="http://www.legislation.gov.uk/ukpga/2013/33/schedule/3/paragraph/19/2/a/2016-03-07" IdURI="http://www.legislation.gov.uk/id/ukpga/2013/33/schedule/3/paragraph/19/2/a" id="schedule-3-paragraph-19-2-a" RestrictStartDate="2016-03-07">
<Pnumber>
<CommentaryRef Ref="key-ad65c69feb6f131df2f8dd5b88c489f1"/>
a
</Pnumber>
<P3para>
<Text>in paragraph (b), omit “64 or”;</Text>
</P3para>
</P3>
<P3 DocumentURI="http://www.legislation.gov.uk/ukpga/2013/33/schedule/3/paragraph/19/2/b/2016-03-07" IdURI="http://www.legislation.gov.uk/id/ukpga/2013/33/schedule/3/paragraph/19/2/b" id="schedule-3-paragraph-19-2-b" RestrictStartDate="2016-03-07">
<Pnumber>b</Pnumber>
<P3para>
<Text>in paragraph (c)(i)—</Text>
<P4 DocumentURI="http://www.legislation.gov.uk/ukpga/2013/33/schedule/3/paragraph/19/2/b/i/2016-03-07" IdURI="http://www.legislation.gov.uk/id/ukpga/2013/33/schedule/3/paragraph/19/2/b/i" id="schedule-3-paragraph-19-2-b-i" RestrictStartDate="2014-07-25">
<Pnumber>
<CommentaryRef Ref="key-081f60543dbc241be0c04c2af8a03f03"/>
i
</Pnumber>
<P4para>
<Text>
after “section” insert
<InlineAmendment>“ 63ZD, ”</InlineAmendment>
, and
</Text>
</P4para>
</P4>
<P4 DocumentURI="http://www.legislation.gov.uk/ukpga/2013/33/schedule/3/paragraph/19/2/b/ii/2016-03-07" IdURI="http://www.legislation.gov.uk/id/ukpga/2013/33/schedule/3/paragraph/19/2/b/ii" id="schedule-3-paragraph-19-2-b-ii" RestrictStartDate="2016-03-07">
<Pnumber>
<CommentaryRef Ref="key-ad65c69feb6f131df2f8dd5b88c489f1"/>
ii
</Pnumber>
<P4para>
<Text>omit “64,”.</Text>
</P4para>
</P4>
</P3para>
</P3>
</P2para>
</P2>
<P2 DocumentURI="http://www.legislation.gov.uk/ukpga/2013/33/schedule/3/paragraph/19/3/2016-03-07" IdURI="http://www.legislation.gov.uk/id/ukpga/2013/33/schedule/3/paragraph/19/3" id="schedule-3-paragraph-19-3" RestrictStartDate="2016-03-07">
<Pnumber>3</Pnumber>
<P2para>
<Text>In subsection (5)—</Text>
<P3 DocumentURI="http://www.legislation.gov.uk/ukpga/2013/33/schedule/3/paragraph/19/3/a/2016-03-07" IdURI="http://www.legislation.gov.uk/id/ukpga/2013/33/schedule/3/paragraph/19/3/a" id="schedule-3-paragraph-19-3-a" RestrictStartDate="2016-03-07">
<Pnumber>
<CommentaryRef Ref="key-ad65c69feb6f131df2f8dd5b88c489f1"/>
a
</Pnumber>
<P3para>
<Text>omit paragraph (b);</Text>
</P3para>
</P3>
<P3 DocumentURI="http://www.legislation.gov.uk/ukpga/2013/33/schedule/3/paragraph/19/3/b/2016-03-07" IdURI="http://www.legislation.gov.uk/id/ukpga/2013/33/schedule/3/paragraph/19/3/b" id="schedule-3-paragraph-19-3-b" RestrictStartDate="2016-03-07">
<Pnumber>b</Pnumber>
<P3para>
<Text>in paragraph (c)(i)—</Text>
<P4 DocumentURI="http://www.legislation.gov.uk/ukpga/2013/33/schedule/3/paragraph/19/3/b/i/2016-03-07" IdURI="http://www.legislation.gov.uk/id/ukpga/2013/33/schedule/3/paragraph/19/3/b/i" id="schedule-3-paragraph-19-3-b-i" RestrictStartDate="2014-07-25">
<Pnumber>
<CommentaryRef Ref="key-081f60543dbc241be0c04c2af8a03f03"/>
i
</Pnumber>
<P4para>
<Text>
after “section” insert
<InlineAmendment>“ 63ZD, ”</InlineAmendment>
, and
</Text>
</P4para>
</P4>
<P4 DocumentURI="http://www.legislation.gov.uk/ukpga/2013/33/schedule/3/paragraph/19/3/b/ii/2016-03-07" IdURI="http://www.legislation.gov.uk/id/ukpga/2013/33/schedule/3/paragraph/19/3/b/ii" id="schedule-3-paragraph-19-3-b-ii" RestrictStartDate="2016-03-07">
<Pnumber>
<CommentaryRef Ref="key-ad65c69feb6f131df2f8dd5b88c489f1"/>
ii
</Pnumber>
<P4para>
<Text>omit “64,”.</Text>
</P4para>
</P4>
</P3para>
</P3>
</P2para>
</P2>
</P1para>
</P1>
</Pblock>
</ScheduleBody>
</Schedule>
</Schedules>
</Primary>
<Commentaries>
<Commentary id="key-b76462a71f4fc6d3bcfec22fb0b67c67" Type="I">
<Para>
<Text>
<CitationSubRef SectionRef="schedule-3-paragraph-2" URI="http://www.legislation.gov.uk/id/ukpga/2013/33/schedule/3/paragraph/2" id="cygv9tk61-00088">Sch. 3 para. 2</CitationSubRef>
in force at 25.7.2014 for specified purposes by
<Citation URI="http://www.legislation.gov.uk/id/uksi/2014/1819" Class="UnitedKingdomStatutoryInstrument" Year="2014" Number="1819" Title="The Financial Services (Banking Reform) Act 2013 (Commencement No. 5) Order 2014" id="cygv9tk61-00089">S.I. 2014/1819</Citation>
,
<CitationSubRef SectionRef="article-2-4-a" URI="http://www.legislation.gov.uk/id/uksi/2014/1819/article/2/4/a" CitationRef="cygv9tk61-00089" Operative="true" id="cygv9tk61-00090">art. 2(4)(a)</CitationSubRef>
</Text>
</Para>
</Commentary>
<Commentary id="key-07131a2b1e8165c28b4aaa546e571aaa" Type="I">
<Para>
<Text>
<CitationSubRef SectionRef="schedule-3-paragraph-7" URI="http://www.legislation.gov.uk/id/ukpga/2013/33/schedule/3/paragraph/7" id="cygv9tk61-00097">Sch. 3 para. 7</CitationSubRef>
in force at 25.7.2014 by
<Citation URI="http://www.legislation.gov.uk/id/uksi/2014/1819" Class="UnitedKingdomStatutoryInstrument" Year="2014" Number="1819" Title="The Financial Services (Banking Reform) Act 2013 (Commencement No. 5) Order 2014" id="cygv9tk61-00098">S.I. 2014/1819</Citation>
,
<CitationSubRef SectionRef="article-2-4-b" URI="http://www.legislation.gov.uk/id/uksi/2014/1819/article/2/4/b" CitationRef="cygv9tk61-00098" Operative="true" id="cygv9tk61-00099">art. 2(4)(b)</CitationSubRef>
</Text>
</Para>
</Commentary>
<Commentary id="key-25492b9401d0a1f1071e3daaa3593f24" Type="I">
<Para>
<Text>
<CitationSubRef SectionRef="schedule-3-paragraph-8" URI="http://www.legislation.gov.uk/id/ukpga/2013/33/schedule/3/paragraph/8" id="cygv9tk61-00106">Sch. 3 para. 8</CitationSubRef>
in force at 25.7.2014 by
<Citation URI="http://www.legislation.gov.uk/id/uksi/2014/1819" Class="UnitedKingdomStatutoryInstrument" Year="2014" Number="1819" Title="The Financial Services (Banking Reform) Act 2013 (Commencement No. 5) Order 2014" id="cygv9tk61-00107">S.I. 2014/1819</Citation>
,
<CitationSubRef SectionRef="article-2-4-b" URI="http://www.legislation.gov.uk/id/uksi/2014/1819/article/2/4/b" CitationRef="cygv9tk61-00107" Operative="true" id="cygv9tk61-00108">art. 2(4)(b)</CitationSubRef>
</Text>
</Para>
</Commentary>
<Commentary id="key-c43a68c7c2473b607a03279ede66c560" Type="I">
<Para>
<Text>
<CitationSubRef SectionRef="schedule-3-paragraph-9" URI="http://www.legislation.gov.uk/id/ukpga/2013/33/schedule/3/paragraph/9" id="cygv9tk61-00115">Sch. 3 para. 9</CitationSubRef>
in force at 25.7.2014 by
<Citation URI="http://www.legislation.gov.uk/id/uksi/2014/1819" Class="UnitedKingdomStatutoryInstrument" Year="2014" Number="1819" Title="The Financial Services (Banking Reform) Act 2013 (Commencement No. 5) Order 2014" id="cygv9tk61-00116">S.I. 2014/1819</Citation>
,
<CitationSubRef SectionRef="article-2-4-b" URI="http://www.legislation.gov.uk/id/uksi/2014/1819/article/2/4/b" CitationRef="cygv9tk61-00116" Operative="true" id="cygv9tk61-00117">art. 2(4)(b)</CitationSubRef>
</Text>
</Para>
</Commentary>
<Commentary id="key-7823e66e8f499a434849cc04a1027faa" Type="I">
<Para>
<Text>
Sch. 3 para. 16(b)(i) in force at 25.7.2014 by
<Citation URI="http://www.legislation.gov.uk/id/uksi/2014/1819" id="cygv9tk61-00125" Class="UnitedKingdomStatutoryInstrument" Year="2014" Number="1819" Title="The Financial Services (Banking Reform) Act 2013 (Commencement No. 5) Order 2014">S.I. 2014/1819</Citation>
,
<CitationSubRef id="cygv9tk61-00126" CitationRef="cygv9tk61-00125" URI="http://www.legislation.gov.uk/id/uksi/2014/1819/article/2/4/b" SectionRef="article-2-4-b" Operative="true">art. 2(4)(b)</CitationSubRef>
</Text>
</Para>
</Commentary>
<Commentary id="key-c9dab524949e00d26109ac5dd8a79530" Type="I">
<Para>
<Text>
Sch. 3 para. 17(b)(i) in force at 25.7.2014 by
<Citation URI="http://www.legislation.gov.uk/id/uksi/2014/1819" id="cygv9tk61-00134" Class="UnitedKingdomStatutoryInstrument" Year="2014" Number="1819" Title="The Financial Services (Banking Reform) Act 2013 (Commencement No. 5) Order 2014">S.I. 2014/1819</Citation>
,
<CitationSubRef id="cygv9tk61-00135" CitationRef="cygv9tk61-00134" URI="http://www.legislation.gov.uk/id/uksi/2014/1819/article/2/4/b" SectionRef="article-2-4-b" Operative="true">art. 2(4)(b)</CitationSubRef>
</Text>
</Para>
</Commentary>
<Commentary id="key-081f60543dbc241be0c04c2af8a03f03" Type="I">
<Para>
<Text>
Sch. 3 para. 19(2)(b)(i)(3)(b)(i) in force at 25.7.2014 by
<Citation URI="http://www.legislation.gov.uk/id/uksi/2014/1819" id="cygv9tk61-00146" Class="UnitedKingdomStatutoryInstrument" Year="2014" Number="1819" Title="The Financial Services (Banking Reform) Act 2013 (Commencement No. 5) Order 2014">S.I. 2014/1819</Citation>
,
<CitationSubRef id="cygv9tk61-00147" CitationRef="cygv9tk61-00146" URI="http://www.legislation.gov.uk/id/uksi/2014/1819/article/2/4/b" SectionRef="article-2-4-b" Operative="true">art. 2(4)(b)</CitationSubRef>
</Text>
</Para>
</Commentary>
<Commentary id="key-0496879a0f6e24f3da5d01930cc8e425" Type="I">
<Para>
<Text>
<CitationSubRef SectionRef="schedule-3-paragraph-1" URI="http://www.legislation.gov.uk/id/ukpga/2013/33/schedule/3/paragraph/1" id="clz8vdcz2-00062">Sch. 3 para. 1</CitationSubRef>
in force at 7.3.2016 by
<Citation URI="http://www.legislation.gov.uk/id/uksi/2015/490" Class="UnitedKingdomStatutoryInstrument" Year="2015" Number="490" Title="The Financial Services (Banking Reform) Act 2013 (Commencement No. 9) Order 2015" id="clz8vdcz2-00063">S.I. 2015/490</Citation>
,
<CitationSubRef SectionRef="article-2-1-b" URI="http://www.legislation.gov.uk/id/uksi/2015/490/article/2/1/b" CitationRef="clz8vdcz2-00063" Operative="true" id="clz8vdcz2-00064">art. 2(1)(b)</CitationSubRef>
(with savings and transitional provisions in
<Citation Class="UnitedKingdomStatutoryInstrument" Year="2015" Number="492" id="clz8vdcz2-00065">S.I. 2015/492</Citation>
(as amended by
<Citation Class="UnitedKingdomStatutoryInstrument" Year="2015" Number="1660" id="clz8vdcz2-00066">S.I. 2015/1660</Citation>
))
</Text>
</Para>
</Commentary>
<Commentary id="key-0f31cbf51d492b152907e6dadbeb08fb" Type="I">
<Para>
<Text>
<CitationSubRef SectionRef="schedule-3-paragraph-2" URI="http://www.legislation.gov.uk/id/ukpga/2013/33/schedule/3/paragraph/2" id="clz8vdcz2-00073">Sch. 3 para. 2</CitationSubRef>
in force at 7.3.2016 in so far as not already in force by
<Citation URI="http://www.legislation.gov.uk/id/uksi/2015/490" Class="UnitedKingdomStatutoryInstrument" Year="2015" Number="490" Title="The Financial Services (Banking Reform) Act 2013 (Commencement No. 9) Order 2015" id="clz8vdcz2-00074">S.I. 2015/490</Citation>
,
<CitationSubRef SectionRef="article-2-1-b" URI="http://www.legislation.gov.uk/id/uksi/2015/490/article/2/1/b" CitationRef="clz8vdcz2-00074" Operative="true" id="clz8vdcz2-00075">art. 2(1)(b)</CitationSubRef>
(with savings and transitional provisions in
<Citation Class="UnitedKingdomStatutoryInstrument" Year="2015" Number="492" id="clz8vdcz2-00076">S.I. 2015/492</Citation>
(as amended by
<Citation Class="UnitedKingdomStatutoryInstrument" Year="2015" Number="1660" id="clz8vdcz2-00077">S.I. 2015/1660</Citation>
))
</Text>
</Para>
</Commentary>
<Commentary id="key-d6d990cf6b1870406f52f9c7d8167275" Type="I">
<Para>
<Text>
<CitationSubRef SectionRef="schedule-3-paragraph-3" URI="http://www.legislation.gov.uk/id/ukpga/2013/33/schedule/3/paragraph/3" id="clz8vdcz2-00084">Sch. 3 para. 3</CitationSubRef>
in force at 7.3.2016 by
<Citation URI="http://www.legislation.gov.uk/id/uksi/2015/490" Class="UnitedKingdomStatutoryInstrument" Year="2015" Number="490" Title="The Financial Services (Banking Reform) Act 2013 (Commencement No. 9) Order 2015" id="clz8vdcz2-00085">S.I. 2015/490</Citation>
,
<CitationSubRef SectionRef="article-2-1-b" URI="http://www.legislation.gov.uk/id/uksi/2015/490/article/2/1/b" CitationRef="clz8vdcz2-00085" Operative="true" id="clz8vdcz2-00086">art. 2(1)(b)</CitationSubRef>
(with savings and transitional provisions in
<Citation Class="UnitedKingdomStatutoryInstrument" Year="2015" Number="492" id="clz8vdcz2-00087">S.I. 2015/492</Citation>
(as amended by
<Citation Class="UnitedKingdomStatutoryInstrument" Year="2015" Number="1660" id="clz8vdcz2-00088">S.I. 2015/1660</Citation>
))
</Text>
</Para>
</Commentary>
<Commentary id="key-83c321eee3033518f04814352fdb0a39" Type="I">
<Para>
<Text>
<CitationSubRef SectionRef="schedule-3-paragraph-4" URI="http://www.legislation.gov.uk/id/ukpga/2013/33/schedule/3/paragraph/4" id="clz8vdcz2-00095">Sch. 3 para. 4</CitationSubRef>
in force at 7.3.2016 by
<Citation URI="http://www.legislation.gov.uk/id/uksi/2015/490" Class="UnitedKingdomStatutoryInstrument" Year="2015" Number="490" Title="The Financial Services (Banking Reform) Act 2013 (Commencement No. 9) Order 2015" id="clz8vdcz2-00096">S.I. 2015/490</Citation>
,
<CitationSubRef SectionRef="article-2-1-b" URI="http://www.legislation.gov.uk/id/uksi/2015/490/article/2/1/b" CitationRef="clz8vdcz2-00096" Operative="true" id="clz8vdcz2-00097">art. 2(1)(b)</CitationSubRef>
(with savings and transitional provisions in
<Citation Class="UnitedKingdomStatutoryInstrument" Year="2015" Number="492" id="clz8vdcz2-00098">S.I. 2015/492</Citation>
(as amended by
<Citation Class="UnitedKingdomStatutoryInstrument" Year="2015" Number="1660" id="clz8vdcz2-00099">S.I. 2015/1660</Citation>
))
</Text>
</Para>
</Commentary>
<Commentary id="key-c08294f8c234fb2ea2e2e8eb11c96d55" Type="I">
<Para>
<Text>
<CitationSubRef SectionRef="schedule-3-paragraph-5" URI="http://www.legislation.gov.uk/id/ukpga/2013/33/schedule/3/paragraph/5" id="clz8vdcz2-00106">Sch. 3 para. 5</CitationSubRef>
in force at 7.3.2016 by
<Citation URI="http://www.legislation.gov.uk/id/uksi/2015/490" Class="UnitedKingdomStatutoryInstrument" Year="2015" Number="490" Title="The Financial Services (Banking Reform) Act 2013 (Commencement No. 9) Order 2015" id="clz8vdcz2-00107">S.I. 2015/490</Citation>
,
<CitationSubRef SectionRef="article-2-1-b" URI="http://www.legislation.gov.uk/id/uksi/2015/490/article/2/1/b" CitationRef="clz8vdcz2-00107" Operative="true" id="clz8vdcz2-00108">art. 2(1)(b)</CitationSubRef>
(with savings and transitional provisions in
<Citation Class="UnitedKingdomStatutoryInstrument" Year="2015" Number="492" id="clz8vdcz2-00109">S.I. 2015/492</Citation>
(as amended by
<Citation Class="UnitedKingdomStatutoryInstrument" Year="2015" Number="1660" id="clz8vdcz2-00110">S.I. 2015/1660</Citation>
))
</Text>
</Para>
</Commentary>
<Commentary id="key-4287f09918e3983d2289cde59f8ef691" Type="I">
<Para>
<Text>
<CitationSubRef SectionRef="schedule-3-paragraph-6" URI="http://www.legislation.gov.uk/id/ukpga/2013/33/schedule/3/paragraph/6" id="clz8vdcz2-00117">Sch. 3 para. 6</CitationSubRef>
in force at 7.3.2016 by
<Citation URI="http://www.legislation.gov.uk/id/uksi/2015/490" Class="UnitedKingdomStatutoryInstrument" Year="2015" Number="490" Title="The Financial Services (Banking Reform) Act 2013 (Commencement No. 9) Order 2015" id="clz8vdcz2-00118">S.I. 2015/490</Citation>
,
<CitationSubRef SectionRef="article-2-1-b" URI="http://www.legislation.gov.uk/id/uksi/2015/490/article/2/1/b" CitationRef="clz8vdcz2-00118" Operative="true" id="clz8vdcz2-00119">art. 2(1)(b)</CitationSubRef>
(with savings and transitional provisions in
<Citation Class="UnitedKingdomStatutoryInstrument" Year="2015" Number="492" id="clz8vdcz2-00120">S.I. 2015/492</Citation>
(as amended by
<Citation Class="UnitedKingdomStatutoryInstrument" Year="2015" Number="1660" id="clz8vdcz2-00121">S.I. 2015/1660</Citation>
))
</Text>
</Para>
</Commentary>
<Commentary id="key-004f267f5faece707291b45cfdebd7ba" Type="I">
<Para>
<Text>
<CitationSubRef SectionRef="schedule-3-paragraph-10" URI="http://www.legislation.gov.uk/id/ukpga/2013/33/schedule/3/paragraph/10" id="clz8vdcz2-00128">Sch. 3 para. 10</CitationSubRef>
in force at 7.3.2016 by
<Citation URI="http://www.legislation.gov.uk/id/uksi/2015/490" Class="UnitedKingdomStatutoryInstrument" Year="2015" Number="490" Title="The Financial Services (Banking Reform) Act 2013 (Commencement No. 9) Order 2015" id="clz8vdcz2-00129">S.I. 2015/490</Citation>
,
<CitationSubRef SectionRef="article-2-1-b" URI="http://www.legislation.gov.uk/id/uksi/2015/490/article/2/1/b" CitationRef="clz8vdcz2-00129" Operative="true" id="clz8vdcz2-00130">art. 2(1)(b)</CitationSubRef>
(with savings and transitional provisions in
<Citation Class="UnitedKingdomStatutoryInstrument" Year="2015" Number="492" id="clz8vdcz2-00131">S.I. 2015/492</Citation>
(as amended by
<Citation Class="UnitedKingdomStatutoryInstrument" Year="2015" Number="1660" id="clz8vdcz2-00132">S.I. 2015/1660</Citation>
))
</Text>
</Para>
</Commentary>
<Commentary id="key-1171e5999145840ab5449d7668409056" Type="I">
<Para>
<Text>
<CitationSubRef SectionRef="schedule-3-paragraph-11" URI="http://www.legislation.gov.uk/id/ukpga/2013/33/schedule/3/paragraph/11" id="clz8vdcz2-00139">Sch. 3 para. 11</CitationSubRef>
in force at 7.3.2016 by
<Citation URI="http://www.legislation.gov.uk/id/uksi/2015/490" Class="UnitedKingdomStatutoryInstrument" Year="2015" Number="490" Title="The Financial Services (Banking Reform) Act 2013 (Commencement No. 9) Order 2015" id="clz8vdcz2-00140">S.I. 2015/490</Citation>
,
<CitationSubRef SectionRef="article-2-1-b" URI="http://www.legislation.gov.uk/id/uksi/2015/490/article/2/1/b" CitationRef="clz8vdcz2-00140" Operative="true" id="clz8vdcz2-00141">art. 2(1)(b)</CitationSubRef>
(with savings and transitional provisions in
<Citation Class="UnitedKingdomStatutoryInstrument" Year="2015" Number="492" id="clz8vdcz2-00142">S.I. 2015/492</Citation>
(as amended by
<Citation Class="UnitedKingdomStatutoryInstrument" Year="2015" Number="1660" id="clz8vdcz2-00143">S.I. 2015/1660</Citation>
))
</Text>
</Para>
</Commentary>
<Commentary id="key-05c5bccd6cfb0fe20b1e99a56d772551" Type="I">
<Para>
<Text>
<CitationSubRef SectionRef="schedule-3-paragraph-12" URI="http://www.legislation.gov.uk/id/ukpga/2013/33/schedule/3/paragraph/12" id="clz8vdcz2-00150">Sch. 3 para. 12</CitationSubRef>
in force at 7.3.2016 by
<Citation URI="http://www.legislation.gov.uk/id/uksi/2015/490" Class="UnitedKingdomStatutoryInstrument" Year="2015" Number="490" Title="The Financial Services (Banking Reform) Act 2013 (Commencement No. 9) Order 2015" id="clz8vdcz2-00151">S.I. 2015/490</Citation>
,
<CitationSubRef SectionRef="article-2-1-b" URI="http://www.legislation.gov.uk/id/uksi/2015/490/article/2/1/b" CitationRef="clz8vdcz2-00151" Operative="true" id="clz8vdcz2-00152">art. 2(1)(b)</CitationSubRef>
(with savings and transitional provisions in
<Citation Class="UnitedKingdomStatutoryInstrument" Year="2015" Number="492" id="clz8vdcz2-00153">S.I. 2015/492</Citation>
(as amended by
<Citation Class="UnitedKingdomStatutoryInstrument" Year="2015" Number="1660" id="clz8vdcz2-00154">S.I. 2015/1660</Citation>
))
</Text>
</Para>
</Commentary>
<Commentary id="key-fc7356ee8e9a1b7b1042312bcddf0d27" Type="I">
<Para>
<Text>
<CitationSubRef SectionRef="schedule-3-paragraph-13" URI="http://www.legislation.gov.uk/id/ukpga/2013/33/schedule/3/paragraph/13" id="clz8vdcz2-00161">Sch. 3 para. 13</CitationSubRef>
in force at 7.3.2016 by
<Citation URI="http://www.legislation.gov.uk/id/uksi/2015/490" Class="UnitedKingdomStatutoryInstrument" Year="2015" Number="490" Title="The Financial Services (Banking Reform) Act 2013 (Commencement No. 9) Order 2015" id="clz8vdcz2-00162">S.I. 2015/490</Citation>
,
<CitationSubRef SectionRef="article-2-1-b" URI="http://www.legislation.gov.uk/id/uksi/2015/490/article/2/1/b" CitationRef="clz8vdcz2-00162" Operative="true" id="clz8vdcz2-00163">art. 2(1)(b)</CitationSubRef>
(with savings and transitional provisions in
<Citation Class="UnitedKingdomStatutoryInstrument" Year="2015" Number="492" id="clz8vdcz2-00164">S.I. 2015/492</Citation>
(as amended by
<Citation Class="UnitedKingdomStatutoryInstrument" Year="2015" Number="1660" id="clz8vdcz2-00165">S.I. 2015/1660</Citation>
))
</Text>
</Para>
</Commentary>
<Commentary id="key-7313d86e3329f512e2893dd3e1663c1a" Type="I">
<Para>
<Text>
<CitationSubRef SectionRef="schedule-3-paragraph-14" URI="http://www.legislation.gov.uk/id/ukpga/2013/33/schedule/3/paragraph/14" id="clz8vdcz2-00172">Sch. 3 para. 14</CitationSubRef>
in force at 7.3.2016 by
<Citation URI="http://www.legislation.gov.uk/id/uksi/2015/490" Class="UnitedKingdomStatutoryInstrument" Year="2015" Number="490" Title="The Financial Services (Banking Reform) Act 2013 (Commencement No. 9) Order 2015" id="clz8vdcz2-00173">S.I. 2015/490</Citation>
,
<CitationSubRef SectionRef="article-2-1-b" URI="http://www.legislation.gov.uk/id/uksi/2015/490/article/2/1/b" CitationRef="clz8vdcz2-00173" Operative="true" id="clz8vdcz2-00174">art. 2(1)(b)</CitationSubRef>
(with savings and transitional provisions in
<Citation Class="UnitedKingdomStatutoryInstrument" Year="2015" Number="492" id="clz8vdcz2-00175">S.I. 2015/492</Citation>
(as amended by
<Citation Class="UnitedKingdomStatutoryInstrument" Year="2015" Number="1660" id="clz8vdcz2-00176">S.I. 2015/1660</Citation>
))
</Text>
</Para>
</Commentary>
<Commentary id="key-56e7dd8d51e477a2ab1ea95204b135f5" Type="I">
<Para>
<Text>
<CitationSubRef SectionRef="schedule-3-paragraph-15" URI="http://www.legislation.gov.uk/id/ukpga/2013/33/schedule/3/paragraph/15" id="clz8vdcz2-00183">Sch. 3 para. 15</CitationSubRef>
in force at 7.3.2016 by
<Citation URI="http://www.legislation.gov.uk/id/uksi/2015/490" Class="UnitedKingdomStatutoryInstrument" Year="2015" Number="490" Title="The Financial Services (Banking Reform) Act 2013 (Commencement No. 9) Order 2015" id="clz8vdcz2-00184">S.I. 2015/490</Citation>
,
<CitationSubRef SectionRef="article-2-1-b" URI="http://www.legislation.gov.uk/id/uksi/2015/490/article/2/1/b" CitationRef="clz8vdcz2-00184" Operative="true" id="clz8vdcz2-00185">art. 2(1)(b)</CitationSubRef>
(with savings and transitional provisions in
<Citation Class="UnitedKingdomStatutoryInstrument" Year="2015" Number="492" id="clz8vdcz2-00186">S.I. 2015/492</Citation>
(as amended by
<Citation Class="UnitedKingdomStatutoryInstrument" Year="2015" Number="1660" id="clz8vdcz2-00187">S.I. 2015/1660</Citation>
))
</Text>
</Para>
</Commentary>
<Commentary id="key-bef10532db2fbf4ef577a28681534db7" Type="I">
<Para>
<Text>
<CitationSubRef SectionRef="schedule-3-paragraph-18" URI="http://www.legislation.gov.uk/id/ukpga/2013/33/schedule/3/paragraph/18" id="clz8vdcz2-00216">Sch. 3 para. 18</CitationSubRef>
in force at 7.3.2016 by
<Citation URI="http://www.legislation.gov.uk/id/uksi/2015/490" Class="UnitedKingdomStatutoryInstrument" Year="2015" Number="490" Title="The Financial Services (Banking Reform) Act 2013 (Commencement No. 9) Order 2015" id="clz8vdcz2-00217">S.I. 2015/490</Citation>
,
<CitationSubRef SectionRef="article-2-1-b" URI="http://www.legislation.gov.uk/id/uksi/2015/490/article/2/1/b" CitationRef="clz8vdcz2-00217" Operative="true" id="clz8vdcz2-00218">art. 2(1)(b)</CitationSubRef>
(with savings and transitional provisions in
<Citation Class="UnitedKingdomStatutoryInstrument" Year="2015" Number="492" id="clz8vdcz2-00219">S.I. 2015/492</Citation>
(as amended by
<Citation Class="UnitedKingdomStatutoryInstrument" Year="2015" Number="1660" id="clz8vdcz2-00220">S.I. 2015/1660</Citation>
))
</Text>
</Para>
</Commentary>
<Commentary id="key-ad65c69feb6f131df2f8dd5b88c489f1" Type="I">
<Para>
<Text>
Sch. 3 para. 19(1)(2)(a)(b)(ii)(3)(a)(b)(ii) in force at 7.3.2016 by
<Citation URI="http://www.legislation.gov.uk/id/uksi/2015/490" id="clz8vdcz2-00240" Class="UnitedKingdomStatutoryInstrument" Year="2015" Number="490" Title="The Financial Services (Banking Reform) Act 2013 (Commencement No. 9) Order 2015">S.I. 2015/490</Citation>
,
<CitationSubRef id="clz8vdcz2-00241" CitationRef="clz8vdcz2-00240" URI="http://www.legislation.gov.uk/id/uksi/2015/490/article/2/1/b" SectionRef="article-2-1-b" Operative="true">art. 2(1)(b)</CitationSubRef>
(with savings and transitional provisions in
<Citation URI="http://www.legislation.gov.uk/id/uksi/2015/492" id="clz8vdcz2-00242" Class="UnitedKingdomStatutoryInstrument" Year="2015" Number="492">S.I. 2015/492</Citation>
(as amended by
<Citation URI="http://www.legislation.gov.uk/id/uksi/2015/1660" id="clz8vdcz2-00243" Class="UnitedKingdomStatutoryInstrument" Year="2015" Number="1660">S.I. 2015/1660</Citation>
))
</Text>
</Para>
</Commentary>
<Commentary id="key-beb054a0aabd6a3726820361413f239c" Type="I">
<Para>
<Text>
<CitationSubRef id="clzai6d82-00007" SectionRef="schedule-3-paragraph-16-a-b-ii" URI="http://www.legislation.gov.uk/id/ukpga/2013/33/schedule/3/paragraph/16/a/b/ii">Sch. 3 para. 16(a)(b)(ii)</CitationSubRef>
in force at 7.3.2016 by
<Citation URI="http://www.legislation.gov.uk/id/uksi/2015/490" id="clzai6d82-00008" Class="UnitedKingdomStatutoryInstrument" Year="2015" Number="490" Title="The Financial Services (Banking Reform) Act 2013 (Commencement No. 9) Order 2015">S.I. 2015/490</Citation>
,
<CitationSubRef id="clzai6d82-00009" CitationRef="clzai6d82-00008" SectionRef="article-2-1-b" URI="http://www.legislation.gov.uk/id/uksi/2015/490/article/2/1/b" Operative="true">art. 2(1)(b)</CitationSubRef>
(with savings and transitional provisions in
<Citation URI="http://www.legislation.gov.uk/id/uksi/2015/492" id="clzai6d82-00010" Class="UnitedKingdomStatutoryInstrument" Year="2015" Number="492">S.I. 2015/492</Citation>
(as amended by
<Citation URI="http://www.legislation.gov.uk/id/uksi/2015/1660" id="clzai6d82-00011" Class="UnitedKingdomStatutoryInstrument" Year="2015" Number="1660">S.I. 2015/1660</Citation>
))
</Text>
</Para>
</Commentary>
<Commentary id="key-367cc8e26614b2fe68d38de9423c4161" Type="I">
<Para>
<Text>
<CitationSubRef id="clzalqna2-00007" SectionRef="schedule-3-paragraph-17-a-b-ii" URI="http://www.legislation.gov.uk/id/ukpga/2013/33/schedule/3/paragraph/17/a/b/ii">Sch. 3 para. 17(a)(b)(ii)</CitationSubRef>
in force at 7.3.2016 by
<Citation URI="http://www.legislation.gov.uk/id/uksi/2015/490" id="clzalqna2-00008" Class="UnitedKingdomStatutoryInstrument" Year="2015" Number="490" Title="The Financial Services (Banking Reform) Act 2013 (Commencement No. 9) Order 2015">S.I. 2015/490</Citation>
,
<CitationSubRef id="clzalqna2-00009" CitationRef="clzalqna2-00008" SectionRef="article-2-1-b" URI="http://www.legislation.gov.uk/id/uksi/2015/490/article/2/1/b" Operative="true">art. 2(1)(b)</CitationSubRef>
(with savings and transitional provisions in
<Citation URI="http://www.legislation.gov.uk/id/uksi/2015/492" id="clzalqna2-00010" Class="UnitedKingdomStatutoryInstrument" Year="2015" Number="492">S.I. 2015/492</Citation>
(as amended by
<Citation URI="http://www.legislation.gov.uk/id/uksi/2015/1660" id="clzalqna2-00011" Class="UnitedKingdomStatutoryInstrument" Year="2015" Number="1660">S.I. 2015/1660</Citation>
))
</Text>
</Para>
</Commentary>
</Commentaries>
</Legislation>