Financial Services and Markets Act 2023

66 Ambulatory references

(1) FSMA 2000 is amended as follows.

(2) In section 137T (regulator rules: general supplementary powers), after paragraph (a) insert—

“(aa) may make provision for any reference in the rules to an enactment (including an enactment comprised in subordinate legislation) to be read as a reference to that enactment as it has effect from time to time,”.

(3) In section 428 (regulations and orders)—

(a) in subsection (3) before paragraph (a) insert—

“(za) make provision by reference to any rules or other instruments as they have effect from time to time;”;

(b) after subsection (3) insert—

“(4) In subsection (3)(za) “rules” includes rules made by the Bank of England under this Act.”