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Financial Services Act 2012

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Financial Services Act 2012, Paragraph 79 is up to date with all changes known to be in force on or before 08 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. Help about Changes to Legislation

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79(1)The Finance Act 1994 is amended as follows.U.K.

(2)In Schedule 7 (insurance premium tax), in paragraph 28B—

(a)in sub-paragraph (1)—

(i)for “the Financial Services Authority (“the Authority”)” substitute “ a regulator ”, and

(ii)for “assisting the Authority” substitute “ assisting the regulator ”, and

(b)in sub-paragraph (2)—

(i)for “the Authority”, in the first place, substitute “ a regulator ”, and

(ii)for “the Authority”, in the second place, substitute “ the regulator ”.

(c)after that sub-paragraph insert—

(3)In this paragraph “regulator” means—

(a)the Financial Conduct Authority;

(b)the Prudential Regulation Authority.

(3)In Schedule 24 (provisions relating to the Railways Act 1993), in paragraph 19(7), in the definition of “securities”, for “section 74(5)” substitute “ section 102A(2) ”.

Commencement Information

I1Sch. 18 para. 79 in force at 1.4.2013 by S.I. 2013/423, art. 3, Sch.

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