Citation, commencement and interpretation1.
(1)
This Order may be cited as the Financial Services and Markets Act 2000 (PRA-regulated Activities) Order 2013.
(2)
This Order comes into force as follows—
(a)
articles 1, 2, 8 and 9 come into force on the day after the day on which this Order is made;
(b)
articles 3 and 4 come into force on the day after the day on which this Order is made for the purpose of making designations under article 3 which are to take effect on or after 1st April 2013;
(c)
otherwise, this Order comes into force on 1st April 2013.
(3)
In this Order —
“the Act” means the Financial Services and Markets Act 2000;
F1“controlled function” has the meaning given by section 59(3) of the Financial Services and Markets Act 2000;
“dealing in investments as principal” means an activity of the kind specified by article 14(1) of the Regulated Activities Order M1;
F2“FCA controlled function” means a controlled function specified in rules made by the FCA;
“PRA controlled function” means a controlled function specified in rules made by the PRA;
“the Regulated Activities Order” means the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001 M2.