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Financial Services Act 2012
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Financial Services Act 2012, Paragraph 52 is up to date with all changes known to be in force on or before 06 March 2025. 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 52:
- 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
52(1)Section 4A (approval of proposed voluntary arrangement) is amended as follows.U.K.
(2)In subsection (5), for “Financial Services Authority” substitute “ appropriate regulator ”.
(3)After that subsection insert—
“(5A)The appropriate regulator” means—
(a)where the regulated company is a PRA-regulated company within the meaning of paragraph 44 of Schedule A1, the Financial Conduct Authority and the Prudential Regulation Authority, and
(b)in any other case, the Financial Conduct Authority.”
Commencement Information
I1Sch. 18 para. 52 in force at 1.4.2013 by S.I. 2013/423, art. 3, Sch.
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