Financial Services (Banking Reform) Act 2013 Explanatory Notes

Section 146: Transitional provisions and savings

358.Section 146 enables the Treasury, the Secretary of State and the Lord Chancellor to make transitional and saving provisions which may be necessary or expedient on the commencement of any provision of the Act. An order made under this section may confer functions on the FCA or the PRA and may modify, exclude or apply enactments.

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