The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) (No.2) Order 2013

Counter-Terrorism Act 2008

15.—(1) Schedule 7 to the Counter-Terrorism Act 2008 (terrorist financing and money laundering)(1) is amended as follows.

(2) In Part 5 (enforcement: information powers)—

(a) in paragraph 18—

(i) at the end of paragraph (b) of sub-paragraph (1) omit “or”;

(ii) omit paragraph (c) of sub-paragraph (1);

(iii) in sub-paragraph (2), omit paragraph (c);

(b) in paragraphs 18(3)(b), 23(1)(b) and 24 for “OFT” in each place substitute “FCA”.

(3) In Part 6 (enforcement: civil penalties), in paragraphs 27(1) and 28(1) in each place omit “or the OFT”.

(4) In Part 7 (enforcement: offences), in paragraph 33—

(a) omit paragraph (c) of sub-paragraph (1);

(b) omit paragraph (c) of sub-paragraph (2).

(5) In Part 8 (supplementary and general)—

(a) in paragraph 39(2)—

(i) in paragraph (a)(ii) omit “and consumer credit financial institutions”;

(ii) omit paragraph (b);

(b) in paragraph 45(1), omit the definition of “consumer credit financial institution”;

(c) in paragraph 46, omit the entry for “consumer credit financial institution”.

(1)

2008 c.28. Amended by the Financial Services Act 2012, Schedule 18, paragraph 127. There are other amending instruments but none is relevant to this Order.