Financial Services Act 2012 (c. 21)

SCHEDULES

SCHEDULE 18 U.K. Further minor and consequential amendments

PART 2 U.K. Amendments of other Acts of Parliament

Companies Act 1989 (c. 40) U.K.

65 (1) Section 157 (change in default rules) is amended as follows. U.K.

(2) In subsection (1)—

(a) for “Authority”, in the first place, substitute “ appropriate regulator ”, and

(b) for “Authority”, in the second place, substitute “ regulator ”.

(3) At the end insert—

“(4) The appropriate regulator”—

(a) in relation to a recognised UK investment exchange, means the FCA, and

(b) in relation to a recognised UK clearing house, means the Bank of England.”

Commencement Information

I1 Sch. 18 para. 65 in force at 1.4.2013 by S.I. 2013/423, art. 3, Sch.