- Latest available (Revised)
- Original (As enacted)
Financial Services Act 2012
You are here:
- UK Public General Acts
- 2012 c. 21
- SCHEDULE 18
- PART 2
- Companies Act 2006 (c....
What Version
Advanced Features
- Show Geographical Extent(e.g. England, Wales, Scotland and Northern Ireland)
- Show Timeline of Changes
Opening Options
Changes over time for: Cross Heading: Companies Act 2006 (c. 46)
Alternative versions:
Changes to legislation:
Financial Services Act 2012, Cross Heading: Companies Act 2006 (c. 46) is up to date with all changes known to be in force on or before 23 November 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
Revised legislation carried on this site may not be fully up to date. Changes and effects are recorded by our editorial team in lists which can be found in the ‘Changes to Legislation’ area. Where those effects have yet to be applied to the text of the legislation by the editorial team they are also listed alongside the legislation in the affected provisions. Use the ‘more’ link to open the changes and effects relevant to the provision you are viewing.
Changes and effects yet to be applied to the whole Act associated Parts and Chapters:
- Act power to apply conferred (temp.) by 2014 c. 21 s. 79(4)
- Act power to apply conferred (temp.) by 2014 c. 21 s. 81(10)
Companies Act 2006 (c. 46)U.K.
110U.K.The Companies Act 2006 is amended as follows.
Commencement Information
I1Sch. 18 para. 110 in force at 1.4.2013 by S.I. 2013/423, art. 3, Sch.
111U.K.In section 384 (companies excluded from small companies regime), in subsection (2)(c), for “Part 4” substitute “ Part 4A ”.
Commencement Information
I2Sch. 18 para. 111 in force at 1.4.2013 by S.I. 2013/423, art. 3, Sch.
112(1)Section 461 (permitted disclosure of information obtained under compulsory powers) is amended as follows.U.K.
(2)In subsection (3), for paragraph (e) and the “or” following it, substitute—
“(e)the Financial Conduct Authority,
(ea)the Prudential Regulation Authority, or”.
(3)In subsection (4)(g), for “Financial Services Authority” substitute “ Financial Conduct Authority or the Prudential Regulation Authority ”.
Commencement Information
I3Sch. 18 para. 112 in force at 1.4.2013 by S.I. 2013/423, art. 3, Sch.
113U.K.In section 467 (companies excluded from being treated as medium-sized), in subsection (1)(b)(i) and (2)(c), for “Part 4” substitute “ Part 4A ”.
Commencement Information
I4Sch. 18 para. 113 in force at 1.4.2013 by S.I. 2013/423, art. 3, Sch.
114U.K.In section 470 (power to apply provisions to banking partnerships), in subsection (2), for “Part 4” substitute “ Part 4A ”.
Commencement Information
I5Sch. 18 para. 114 in force at 1.4.2013 by S.I. 2013/423, art. 3, Sch.
115U.K.In section 474 (definitions), in subsection (1), in the definition of “e-money issuer”, for “Part 4” substitute “ Part 4A ”.
Commencement Information
I6Sch. 18 para. 115 in force at 1.4.2013 by S.I. 2013/423, art. 3, Sch.
116U.K.In section 539 (definitions), in subsection (1), in the definition of “e-money issuer”, for “Part 4” substitute “ Part 4A ”.
Commencement Information
I7Sch. 18 para. 116 in force at 1.4.2013 by S.I. 2013/423, art. 3, Sch.
117(1)Section 843 (realised profits and losses of long-term insurance business) is amended as follows.U.K.
(2)In subsection (2)(b), for “section 142(2)” substitute “ Part 9A ”.
(3)In subsection (6)(a), for “Part 10” substitute “ Part 9A ”.
Commencement Information
I8Sch. 18 para. 117 in force at 1.4.2013 by S.I. 2013/423, art. 3, Sch.
118U.K.In section 948 (restrictions on disclosure), in subsection (7)—
(a)for paragraph (a) substitute—
“(a)the Financial Conduct Authority;
(aa)the Prudential Regulation Authority;
(ab)the Bank of England;”, and
(b)in paragraph (c), for “Financial Services Authority” substitute “ Financial Conduct Authority or the Prudential Regulation Authority or similar to the regulatory functions of the Bank of England ”.
Commencement Information
I9Sch. 18 para. 118 in force at 1.4.2013 by S.I. 2013/423, art. 3, Sch.
119U.K.In section 950 (Panel on Takeovers and Mergers: duty of co-operation), in subsection (1)—
(a)for paragraph (a) substitute—
“(a)the Financial Conduct Authority;
(aa)the Prudential Regulation Authority;
(ab)the Bank of England;”, and
(b)in paragraph (c), for “Financial Services Authority” substitute “ Financial Conduct Authority or the Prudential Regulation Authority or similar to the regulatory functions of the Bank of England ”.
Commencement Information
I10Sch. 18 para. 119 in force at 1.4.2013 by S.I. 2013/423, art. 3, Sch.
120U.K.In section 995 (petition by Secretary of State), in subsection (1)—
(a)in paragraph (c), for “or the Financial Services Authority” substitute “ , the Financial Conduct Authority, the Prudential Regulation Authority or the Bank of England ”, and
(b)in paragraph (d), for “or the Financial Services Authority” substitute “ , the Financial Conduct Authority, the Prudential Regulation Authority or the Bank of England ”.
Commencement Information
I11Sch. 18 para. 120 in force at 1.4.2013 by S.I. 2013/423, art. 3, Sch.
121U.K.In section 1164 (meaning of “banking company” and “banking group”), in subsection (2), for “Part 4” substitute “ Part 4A ”.
Commencement Information
I12Sch. 18 para. 121 in force at 1.4.2013 by S.I. 2013/423, art. 3, Sch.
122U.K.In section 1165 (meaning of “insurance company” etc.), in subsection (2), for “Part 4” substitute “ Part 4A ”.
Commencement Information
I13Sch. 18 para. 122 in force at 1.4.2013 by S.I. 2013/423, art. 3, Sch.
123(1)Schedule 2 (specified persons and descriptions of disclosure for the purposes of section 948) is amended as follows.U.K.
(2)In Part 1, in section (A) (United Kingdom), for paragraph 5 substitute—
“5The Financial Conduct Authority.
5AThe Prudential Regulation Authority.”
(3)In Part 2, in section (A) (United Kingdom)—
(a)in paragraph 11, for “paragraph 7 of Schedule 1 to the Financial Services and Markets Act 2000” substitute “ section 84 of the Financial Services Act 2012 ”,
(b)in paragraph 12, for “section 15 of the Financial Services and Markets Act 2000” substitute “ section 69 of the Financial Services Act 2012 ”,
(c)in paragraph 37, for “Financial Services Authority” substitute “ Financial Conduct Authority or the Prudential Regulation Authority ”,
(d)in paragraph 49, for paragraph (a) substitute—
“(a)a decision of the Financial Conduct Authority;
(aa)a decision of the Prudential Regulation Authority;”.
(4)In Part 3, in paragraph 1(2), for “Financial Services Authority” substitute “ Financial Conduct Authority or the Prudential Regulation Authority or similar to the regulatory functions of the Bank of England ”.
Commencement Information
I14Sch. 18 para. 123 in force at 1.4.2013 by S.I. 2013/423, art. 3, Sch.
124(1)Schedule 11A (specified persons, description, disclosures etc. for the purposes of section 1224A) is amended as follows.U.K.
(2)In Part 1, for paragraph 5 substitute—
“5The Financial Conduct Authority.
5AThe Prudential Regulation Authority.”
(3)In Part 2—
(a)in paragraph 28, for “paragraph 7 of Schedule 1 to the Financial Services and Markets Act 2000” substitute “ section 84 of the Financial Services Act 2012 ”,
(b)in paragraph 29, for “section 15 of the Financial Services and Markets Act 2000 (c. 8)” substitute “ section 69 of the Financial Services Act 2012 ”,
(c)in paragraph 52, for “Financial Services Authority” substitute “ Financial Conduct Authority or the Prudential Regulation Authority ”, and
(d)in paragraph 71, for paragraph (a) substitute—
“(a)a decision of the Financial Conduct Authority;
(aa)a decision of the Prudential Regulation Authority;”.
Commencement Information
I15Sch. 18 para. 124 in force at 1.4.2013 by S.I. 2013/423, art. 3, Sch.
Options/Help
Print Options
PrintThe Whole Act
PrintThe Whole Schedule
PrintThe Whole Part
PrintThis Cross Heading only
You have chosen to open The Whole Act
The Whole Act you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.
Would you like to continue?
You have chosen to open The Whole Act as a PDF
The Whole Act you have selected contains over 200 provisions and might take some time to download.
Would you like to continue?
You have chosen to open the Whole Act
The Whole Act you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.
Would you like to continue?
You have chosen to open the Whole Act without Schedules
The Whole Act without Schedules you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.
Would you like to continue?
You have chosen to open Schedules only
The Schedules you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.
Would you like to continue?
Legislation is available in different versions:
Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.
Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.
See additional information alongside the content
Geographical Extent: Indicates the geographical area that this provision applies to. For further information see ‘Frequently Asked Questions’.
Show Timeline of Changes: See how this legislation has or could change over time. Turning this feature on will show extra navigation options to go to these specific points in time. Return to the latest available version by using the controls above in the What Version box.
Opening Options
Different options to open legislation in order to view more content on screen at once
Explanatory Notes
Text created by the government department responsible for the subject matter of the Act to explain what the Act sets out to achieve and to make the Act accessible to readers who are not legally qualified. Explanatory Notes were introduced in 1999 and accompany all Public Acts except Appropriation, Consolidated Fund, Finance and Consolidation Acts.
More Resources
Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:
- the original print PDF of the as enacted version that was used for the print copy
- lists of changes made by and/or affecting this legislation item
- confers power and blanket amendment details
- all formats of all associated documents
- correction slips
- links to related legislation and further information resources
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.
More Resources
Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:
- the original print PDF of the as enacted version that was used for the print copy
- correction slips
Click 'View More' or select 'More Resources' tab for additional information including:
- lists of changes made by and/or affecting this legislation item
- confers power and blanket amendment details
- all formats of all associated documents
- links to related legislation and further information resources
All content is available under the Open Government Licence v3.0 except where otherwise stated. This site additionally contains content derived from EUR-Lex, reused under the terms of the Commission Decision 2011/833/EU on the reuse of documents from the EU institutions. For more information see the EUR-Lex public statement on re-use.