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131. In the Transfer of Funds (Information on the Payer) Regulations 2007(1)—
(a)in regulation 1(2), for “Authority” substitute “FCA”;
(b)in regulation 2(1), in the definition of “the Authority”, for “Financial Services Authority” substitute “Financial Conduct Authority”;
(c)in regulation 4(4) (duties of supervisory authorities) for “Schedule 1 to the 2000 Act (the Financial Services Authority)” substitute “Schedule 1ZA to the 2000 Act (the Financial Conduct Authority)”;
(d)in Schedule 2 (modifications in relation to appeals), for paragraph 1(b) substitute—
“(b)omit subsections (1) and (5); and”.
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