SCHEDULE 2Amendments of subordinate legislation

The Financial Services and Markets Act 2000 (Control of Business Transfers) (Requirements on Applicants) Regulations 200162

In the Financial Services and Markets Act 2000 (Control of Business Transfers) (Requirements on Applicants) Regulations 2001116

a

in regulations 3(3)(a), 4(1)(b), 5(3)(a) and 6(1)(b), for the reference to “the Authority” substitute “the appropriate regulator”117;

b

in regulation 3(5), for “the Authority” substitute “the appropriate regulator and, if the FCA is not the appropriate regulator, the FCA”;

c

in regulation 3(6), for “the Authority” substitute “the appropriate regulator and, if the FCA is not the appropriate regulator, the FCA”;

d

in regulation 5(5), for “the Authority” substitute “the appropriate regulator and, if the FCA is not the appropriate regulator, the FCA”.