- Deddfwriaeth ddrafft
This is a draft item of legislation. This draft has since been made as a UK Statutory Instrument: The Financial Services and Markets Act 2000 (Amendments to Part 18A etc.) Regulations 2010 (revoked) No. 1193
7.—(1) The Financial Services and Markets Act 2000 (Service of Notices) Regulations 2001 shall be amended as follows.
(2) In regulation 1, insert at the end—
“(7) Apart from regulation 6A, nothing in these Regulations shall apply to a notice given by publication by means of a regulatory information service under Part 18A of the Act.”.
(3) After regulation 6, insert—
6A.—(1) A notice published by means of a regulatory information service under section 313B(2)(b) of the Act is to be treated as having been received by—
(a)the institution or (as the case may be) each institution in the class of institutions specified in the notice, and
(b)any issuer so specified,
at the time when it is first published.
(2) A notice of a decision published by means of a regulatory information service under section 313BA(6), 313BC(4) or (7) or 313BE(3) or (5) of the Act is to be treated as having been received by each institution in the class in question at the time when it is first published.
(3) Paragraph (2) does not apply to an institution which is entitled to receive written notice of the decision under section 313BA(5) or 313BC(2) or a decision notice under section 313BC(5).”
S.1. 2001/1420, amended by the Enterprise Act 2002 c.40, and S.I. 2005/274.
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Impact Assessments generally accompany all UK Government interventions of a regulatory nature that affect the private sector, civil society organisations and public services. They apply regardless of whether the regulation originates from a domestic or international source and can accompany primary (Acts etc) and secondary legislation (SIs). An Impact Assessment allows those with an interest in the policy area to understand:
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