SCHEDULES

SCHEDULE 18U.K.Further minor and consequential amendments

PART 1 U.K.Amendments of FSMA 2000

Valid from 01/04/2013

11(1)Section 250 (modification or waiver of rules) is amended as follows.U.K.

(2)In subsection (4)—

(a)for “Subsections (3) to (9) and (11) of section 148” substitute “ Section 138A and subsections (1) to (3), (5) and (6) of section 138B ”,

(b)for “section 148(2)” substitute “ section 138A(1) ”, and

(c)in paragraph (c), for “subsection (7)(b)” substitute “ section 138B(3)(c) ”.

(3)In subsection (5)—

(a)for “Subsections (3) to (9) and (11) of section 148” substitute “ Section 138A and subsections (1) to (3), (5) and (6) of section 138B ”,

(b)for “section 148(2)” substitute “ section 138A(1) ”,

(c)in paragraph (a), for “subsection (4)(a)” substitute “ subsection (4)(a) of section 138A ”,

(d)in paragraph (b), for “subsection (7)(b) and (11)” substitute “ section 138B(3)(c) and the definition of “immediate group” in section 421ZA as it applies to that section ”,

(e)in paragraph (c), for “subsection (7)(b)” substitute “ section 138B(3)(c) ”,

(f)in paragraph (d), for “subsection (8)” substitute “ section 138B(5) ”, and

(g)in paragraph (e), for “subsection (9)” substitute “ section 138A(7) ”.