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Financial Services Act 2012
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Financial Services Act 2012, Paragraph 106 is up to date with all changes known to be in force on or before 21 December 2024. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
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Changes and effects yet to be applied to Schedule 18 Paragraph 106:
- Act power to apply conferred (temp.) by 2014 c. 21 s. 79(4)
- Act power to apply conferred (temp.) by 2014 c. 21 s. 81(10)
Changes and effects yet to be applied to the whole Act associated Parts and Chapters:
- Act power to apply conferred (temp.) by 2014 c. 21 s. 79(4)
- Act power to apply conferred (temp.) by 2014 c. 21 s. 81(10)
This section has no associated Explanatory Notes
106(1)Section 71 of the Serious Organised Crime and Police Act 2005 (immunity from prosecution) is amended as follows.U.K.
(2)In subsection (4), for paragraph (da) substitute—
“(da)the Financial Conduct Authority;
(daa)the Prudential Regulation Authority;
(dab)the Bank of England, where the indictable offence or offence triable either way which is being investigated or prosecuted is an offence under the Financial Services and Markets Act 2000;”.
(3)In subsection (6A), for “Financial Services Authority” substitute “ Financial Conduct Authority, the Prudential Regulation Authority, the Bank of England ”.
(4)For subsection (6B) substitute—
“(6B)Paragraph 8(1) of Schedule 1ZA and paragraph 16(1) of Schedule 1ZB to the Financial Services and Markets Act 2000 (arrangements for discharging functions) do not apply to the exercise of the powers conferred on the Financial Conduct Authority or the Prudential Regulation Authority under this Chapter.
(6BA)Paragraph 11 of Schedule 1 to the Bank of England Act 1998 (power to delegate) does not apply to the exercise of the powers conferred on the Bank of England under this Chapter.”
(5)In subsection (6C)—
(a)for “Financial Services Authority” substitute “ Financial Conduct Authority, the Prudential Regulation Authority, the Bank of England ”, and
(b)for “either of them” substitute “ any of them ”.
Commencement Information
I1Sch. 18 para. 106 in force at 1.4.2013 by S.I. 2013/423, art. 3, Sch.
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