SCHEDULES

SCHEDULE 9Discipline and enforcement

PART 4Disciplinary measures

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(1)

Section 206 (financial penalties) is amended as follows.

(2)

In subsection (1)—

(a)

for “Authority” substitute “appropriate regulator”, and

(b)

for the words from “a requirement” to “auctioning regulation” substitute “a relevant requirement imposed on the person,”.

(3)

In subsection (3), for “Authority” substitute “regulator that imposed the penalty”.