Financial Services Act 2012

This section has no associated Explanatory Notes

10(1)Section 63C (statement of policy) is amended as follows.U.K.

(2)In subsection (1), for “The Authority” substitute “ Each regulator ”.

(3)In subsections (2) and (3), for “The Authority's” substitute “Each regulator's”.

(4)In subsection (4), for “the Authority” substitute “ the regulator that has issued the statement ”.

(5)In subsection (5)—

(a)for “The Authority” substitute “ A regulator ”, and

(b)after “issued” insert “ by it ”.

(6)In subsection (6), for “replaced, the Authority” substitute “ replaced by a regulator, the regulator ”.

(7)In subsection (7), for “The Authority” substitute “ A regulator ”.

(8)In subsection (8)—

(a)after “section” insert “ by a regulator ”, and

(b)for “Authority”, in both places, substitute “ regulator ”.

(9)In subsection (9), for “Authority” substitute “ regulator ”.

(10)In subsection (10)—

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

(b)after “published” insert “ by it ”.

Commencement Information

I1Sch. 5 para. 10 in force at 24.1.2013 for specified purposes by S.I. 2013/113, art. 2(1)(c), Sch. Pt. 3

I2Sch. 5 para. 10 in force at 1.4.2013 in so far as not already in force by S.I. 2013/423, art. 3, Sch.