12(1)Section 64 (conduct of approved persons: statement and codes) is amended as follows.U.K.
(2)In subsection (2)—
(a)for “the Authority” substitute “ a regulator ”, and
(b)after “subsection (1)” insert “ or (1A) ”.
(3)In subsection (3)(a) to (c), for “Authority” substitute “ regulator issuing the code ”.
(4)In subsection (4)—
(a)for “The Authority” substitute “ A regulator ”, and
(b)after “issued” insert “ by it ”.
(5)In subsection (5)—
(a)after “replaced” insert “ by a regulator ”, and
(b)for “Authority” substitute “ regulator ”.
(6)In subsection (6)—
(a)for “the Authority”, in the first place, substitute “ the regulator that issued it ”, and
(b)for “the Authority”, in the second place, substitute “ that regulator ”.
(7)In subsection (10), for “The Authority” substitute “ A regulator ”.
(8)In subsection (11), for paragraph (b) substitute—
“(b)is to be treated for the purposes of section 1B(6)(a) as part of the FCA's rule-making functions (where the power is exercisable by the FCA) and is to be treated for the purposes of section 2J(1)(a) as part of the PRA's rule-making functions (where the power is exercisable by the PRA).”
(9)In subsection (12)—
(a)for “The Authority” substitute “ A regulator ”, and
(b)after “published” insert “ by it ”.
(10)For subsection (13) substitute—
“(13)Any expression which is used both in this section and section 59 has the same meaning in this section as in that section.”
Commencement Information
I1Sch. 5 para. 12 in force at 24.1.2013 for specified purposes by S.I. 2013/113, art. 2(1)(c), Sch. Pt. 3
I2Sch. 5 para. 12 in force at 1.4.2013 in so far as not already in force by S.I. 2013/423, art. 3, Sch.