Financial Services Act 2021

Prospective

This section has no associated Explanatory Notes

12(1)Section 395 (the FCA's and PRA's procedures) is amended as follows.U.K.

(2)In subsection (13) (meaning of “supervisory notice”)—

(a)for “section” (in the first place it occurs) substitute “ any of the following ”,

(b)at the beginning of each of paragraphs (za) to (g), other than paragraphs (bzb), (bzc), (bbzb) and (bba), paragraph (bbb) (inserted by Schedule 2 to this Act) and paragraph (ea) (inserted by Schedule 9 to this Act), insert “ section ”, and

(c)at the end insert—

(h)a provision of Schedule 2A listed in subsection (14);

(i)paragraph 18(3), (6) or (8)(b) of Schedule 2B.

(3)After subsection (13) insert—

(14)The provisions of Schedule 2A mentioned in subsection (13)(h) are—

(a)paragraph 29(3), (6) or (8)(b);

(b)paragraph 50(3), (6) or (8)(b);

(c)paragraph 60(3) or (6).