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The Financial Services Act 2012 (Transitional Provisions) (Rules and Miscellaneous Provisions) Order 2013
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Rules replicating a pre-commencement threshold condition
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8.—(1) This article applies to rules made by the FCA—
(a)before the commencement date;
(b)which come into force on the commencement date; and
(c)which make provision similar to any provision made in Schedule 6 to FSMA 2000 as it applied immediately before the commencement date.
(2) Sections 138I (consultation by the FCA) and 138K (consultation: mutual societies) of FSMA 2000(1) do not apply to the making of the rules.
(1)
Sections 138I and 138K are inserted by section 24 of the 2012 Act.
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