SCHEDULES

SCHEDULE 18Further minor and consequential amendments

PART 2Amendments of other Acts of Parliament

Finance Act 1994 (c. 9)

I179

1

The Finance Act 1994 is amended as follows.

2

In Schedule 7 (insurance premium tax), in paragraph 28B—

a

in sub-paragraph (1)—

i

for “the Financial Services Authority (“the Authority”)” substitute “ a regulator ”, and

ii

for “assisting the Authority” substitute “ assisting the regulator ”, and

b

in sub-paragraph (2)—

i

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

ii

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

c

after that sub-paragraph insert—

3

In this paragraph “regulator” means—

a

the Financial Conduct Authority;

b

the Prudential Regulation Authority.

3

In Schedule 24 (provisions relating to the Railways Act 1993), in paragraph 19(7), in the definition of “securities”, for “section 74(5)” substitute “ section 102A(2) ”.