Financial Services Act 2012

This adran has no associated Nodiadau Esboniadol

15(1)Paragraph 23 (power to impose requirements) is amended as follows.U.K.

(2)For “the Authority”, in each place, substitute “ the FCA ”.

(3)In sub-paragraph (1)(a), for “Part IV permission” substitute “ Part 4A permission ”.

(4)In sub-paragraphs (2) and (2A), for “section 45” substitute “ section 55L or 55M ”.

(5)After sub-paragraph (2A) insert—

(2B)This paragraph does not affect any duty of the FCA to consult the PRA before exercising its power under section 55L or 55M.

Commencement Information

I1Sch. 4 para. 15 in force at 27.2.2013 for specified purposes by S.I. 2013/423, art. 2