SCHEDULES

SCHEDULE 18Further minor and consequential amendments

PART 2Amendments of other Acts of Parliament

Companies Act 1989 (c. 40)

63

(1)

Section 82 (request for assistance by overseas regulatory authority) is amended as follows.

(2)

In subsection (2)(a)—

(a)

in sub-paragraph (ii), for “Financial Services Authority” substitute “ FCA, the PRA or the Bank of England ”, and

(b)

omit sub-paragraph (iii).

(3)

In subsection (3), for “Financial Services Authority” substitute “ corresponding UK regulator (if any) ”.

(4)

After that subsection insert—

“(3A)

In subsection (3), “the corresponding UK regulator” means such one or more of the FCA, PRA and the Bank of England as appears to the Secretary of State to exercise functions corresponding to the regulatory functions for the purposes of which the request is made.”

(5)

In subsection (5)—

(a)

for “Financial Services Authority”, in the first place, substitute “ FCA and the PRA ”,

(b)

for “Financial Services Authority”, in the second place, substitute “ FCA or the PRA ”, and

(c)

for “the Authority” substitute “ the body giving the notification ”.