The Financial Services Act 2012 (Transitional Provisions) (Rules and Miscellaneous Provisions) Order 2013

Relevant instruments not designated before 1st April 2013

This section has no associated Explanatory Memorandum

4.—(1) Paragraph (2) applies to any relevant instrument, or any part of a relevant instrument, which—

(a)was made, issued, given or imposed by the Authority before the commencement date; and

(b)is not designated before the commencement date in accordance with this Part.

(2) The relevant instrument or part ceases to have effect on the commencement date.

(3) Nothing in this article prevents a designating body from designating, on or after the commencement date, a relevant instrument or part to which paragraph (2) applies.