PART 3Exercise of functions by the FCA before the commencement date
Rules replicating a pre-commencement threshold condition8
1
This article applies to rules made by the FCA—
a
before the commencement date;
b
which come into force on the commencement date; and
c
which make provision similar to any provision made in Schedule 6 to FSMA 2000 as it applied immediately before the commencement date.
2
Sections 138I (consultation by the FCA) and 138K (consultation: mutual societies) of FSMA 200012 do not apply to the making of the rules.