Financial Services and Markets Act 2000

Part II U.K. Status

Modifications etc. (not altering text)

C1 Sch. 1 Pt. 2 modified (15.12.2007) by The Transfer of Funds (Information on the Payer) Regulations 2007 (S.I. 2007/3298), reg. 4(4)

C2 Sch. 1 Pt. 2 applied (27.11.2008) by Counter-Terrorism Act 2008 (c. 28), ss. 62, 100(2), Sch. 7 para. 41(1) (with s. 101(2), Sch. 7 para. 43)

13 U.K. In relation to any of its functions—

(a) the Authority is not to be regarded as acting on behalf of the Crown; and

(b) its members, officers and staff are not to be regarded as Crown servants.

Exemption from requirement of “limited” in Authority’s name U.K.

14 U.K. The Authority is to continue to be exempt from the requirements of [F1 the Companies Act 2006] relating to the use of “limited” as part of its name.

Textual Amendments

F1 Words in Sch. 1 para. 14 substituted (1.10.2009) by The Companies Act 2006 (Consequential Amendments, Transitional Provisions and Savings) Order 2009 (S.I. 2009/1941), art. 2(1), Sch. 1 para. 181(5)(b) (with art. 10)

15 U.K. If the Secretary of State is satisfied that any action taken by the Authority makes it inappropriate for the exemption given by paragraph 14 to continue he may, after consulting the Treasury, give a direction removing it.