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Changes over time for: Cross Heading: Financial Services Authority
Timeline of Changes
This timeline shows the different points in time where a change occurred. The dates will coincide with the earliest date on which the change (e.g an insertion, a repeal or a substitution) that was applied came into force. The first date in the timeline will usually be the earliest date when the provision came into force. In some cases the first date is 01/02/1991 (or for Northern Ireland legislation 01/01/2006). This date is our basedate. No versions before this date are available. For further information see the Editorial Practice Guide and Glossary under Help.
Version Superseded: 01/04/2013
Status:
Point in time view as at 08/06/2010.
Changes to legislation:
Banking Act 2009, Cross Heading: Financial Services Authority is up to date with all changes known to be in force on or before 25 October 2024. 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.
Changes to Legislation
Changes and effects yet to be applied by the editorial team are only applicable when viewing the latest version or prospective version of legislation. They are therefore not accessible when viewing legislation as at a specific point in time. To view the ‘Changes to Legislation’ information for this provision return to the latest version view using the options provided in the ‘What Version’ box above.
Financial Services AuthorityU.K.
248Variation of permissionU.K.
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Textual Amendments
Commencement Information
249FunctionsU.K.
(1)A reference in an enactment to functions conferred on the Financial Services Authority by or under the Financial Services and Markets Act 2000 (or any part of it) includes a reference to functions conferred on the Authority by or under this Act.
(2)A reference in an enactment to functions of the Financial Services Authority includes a reference to functions conferred by or under this Act (irrespective of whether the enactment was passed or made before or after the commencement of this Act).
(3)The Treasury may by order disapply subsection (1) or (2) to a specified extent; and an order—
(a)shall be made by statutory instrument, and
(b)may not be made unless a draft has been laid before and approved by resolution of each House of Parliament.
(4)At the end of section 1 of the Financial Services and Markets Act 2000 (the Authority) add—
“(4)Section 249 of the Banking Act 2009 provides for references to functions of the Authority (whether generally or under this Act) to include references to functions conferred on the Authority by that Act (subject to any order under that section).”
250InformationU.K.
(1)The Financial Services Authority shall collect information that it thinks is or may be relevant to the stability of—
(a)individual financial institutions, or
(b)one or more aspects of the financial systems of the United Kingdom.
(2)The Authority may perform its function under subsection (1) by the exercise of the power in section 165 [or 165A] of the Financial Services and Markets Act 2000 (power to require information–as qualified[, in the case of the section 165 power, ] by section 249 above) or in any other way.
Textual Amendments
Commencement Information
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