C1C2C3C4C5 Part XII Control Over Authorised Persons

Annotations:
Modifications etc. (not altering text)
C1

Pt. 12 modified (1.12.2001) by S.I. 2001/3592, arts. 1(2), 114(3)(a) (with art. 23(2))

C3

Pt. 12 excluded (26.7.2013 for specified purposes, 2.9.2013 in so far as not already in force) by The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) (No.2) Order 2013 (S.I. 2013/1881), arts. 1(2)(5), 59(7)

C4

Pt. 12 applied (with modifications) (13.8.2017 for specified purposes, 13.10.2017 in so far as nt already in force) by The Payment Services Regulations 2017 (S.I. 2017/752), reg. 1(2)(b)(iii)(3)(c), Sch. 6 para. 5 (with reg. 3)

Miscellaneous

I1192 Power to change definitions of control etc.

The Treasury may by order—

a

provide for exemptions from the obligations to notify imposed by sections 178 and F1191D;

b

amend section F2181 by varying, or removing, any of the cases in which a person is treated as F3acquiring control over a UK authorised person or by adding a case;

c

amend section F4182 by varying, or removing, any of the cases in which a person is treated as increasing control over a UK authorised person or by adding a case;

d

amend section F5183 by varying, or removing, any of the cases in which a person is treated as F6reducing or ceasing to have his control over a UK authorised person or by adding a case;

e

amend section 422 by varying, or removing, any of the cases in which a person is treated as being a controller of a person or by adding a case.