F2F1PART 7ATransfer of functions
Pt. 7A inserted (31.12.2020) by The Alternative Investment Fund Managers (Amendment etc.) (EU Exit) Regulations 2019 (S.I. 2019/328), regs. 1(3), 12 (as amended by S.I. 2019/325, reg. 58); 2020 c. 1, Sch. 5 para. 1(1)
Transfer of the directive functions69A
1
The Treasury may make regulations by statutory instrument for the purposes specified in Part 1 of Schedule A1 to these Regulations.
2
A statutory instrument which contains regulations under paragraph (1) is subject to annulment in pursuance of a resolution of either House of Parliament.
3
The FCA may make rules for purposes specified in Part 2 of Schedule A1 to these Regulations.
4
Rules made under paragraph (3) are to be treated for the purposes of the Act as if they were made under section 137A of the Act.
5
The FCA may make technical standards for the purposes specified in Part 3 of Schedule A1 to these Regulations.
Regulations revoked (14.12.2023 for the revocation of reg. 79) by Financial Services and Markets Act 2023 (c. 29), s. 86(3), Sch. 1 Pt. 2 (with s. 1(4)); S.I. 2023/1382, reg. 2(c)(vi)