Bank of England and Financial Services Act 2016

20Regulatory principles: diversityU.K.

This adran has no associated Nodiadau Esboniadol

(1)Section 3B of the Financial Services and Markets Act 2000 (regulatory principles to be applied by both regulators) is amended as follows.

(2)In subsection (1)(f) after “persons” insert “(including different kinds of person such as mutual societies and other kinds of business organisation)”.

(3)After subsection (3) insert—

(3A)Mutual society” has the same meaning as in section 138K.

Commencement Information

I1S. 20 in force at 6.7.2016 by S.I. 2016/627, reg. 2(1)(o)