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Statutory Instruments

2013 No. 651 (C. 26)

Financial Services And Markets

The Financial Services Act 2012 (Commencement No. 3) Order 2013

Made

18th March 2013

The Treasury make the following Order in exercise of the powers conferred by section 122(3) and (4) of the Financial Services Act 2012(1):

Citation

1.  This Order may be cited as the Financial Services Act 2012 (Commencement No. 3) Order 2013.

Appointed day for the coming into force of certain provisions of the Financial Services Act 2012

2.  19th March 2013 is the day appointed for the coming into force of—

(a)sections 17 and 18 of the Financial Services Act 2012 for the purposes of making rules;

(b)section 39 of that Act for the purpose of introducing paragraph 28 of Schedule 11 to that Act in so far as it relates to the fixing of standard terms.

Desmond Swayne

Stephen Crabb

Two of the Lords Commissioners of Her Majesty’s Treasury

18th March 2013

EXPLANATORY NOTE

(This note is not part of the Order)

This Order brings into force sections 17, 18 and 39 of the Financial Services Act 2012 (c.21) (“the Act”) on 19th March 2013 for the purposes specified in this Order. This is the third commencement order to be made under the Act.

This Order will have no effect on the costs of business and the voluntary sector independent of the provisions this Order brings into force. For that reason, no impact assessment has been produced for this instrument.

NOTE AS TO EARLIER COMMENCEMENT ORDERS

(This note is not part of the Order)

Provision

Date of Commencement

S.I. No.

Sections 1, 4, 5 and 6 (partly)19.02.2013

S.I. 2013/113

S.I. 2013/423

S.I. 2013/113

S.I. 2013/423

S.I. 2013/113

S.I. 2013/423

S.I. 2013/113

S.I. 2013/423

S.I. 2013/113

S.I. 2013/423

S.I. 2013/113

S.I. 2013/423

S.I. 2013/113

S.I. 2013/423

S.I. 2013/113

S.I. 2013/423

S.I. 2013/113

S.I. 2013/423

S.I. 2013/113

Sections 4 and 6 (partly)24.01.2013
Sections 1 to 6 (so far as not already in force)1.4.2013
Sections 7, 8 and 924.01.2013
Sections 10 to 48 (so far as not already in force)1.4.2013
Sections 11, 12, 14, 15, 16, 18, 19, 24, 27, 29, 30, 33, 35, 37, 38, 39, 40, 41, 42, 43 and 45 (partly)24.01.2013
Paragraphs (d), (j) and (n) of subsection (1), and subsections (2) and (3) of section 4824.01.2013
Sections 49 and 50 to 5224.01.2013
Sections 53 to 56 (so far as not already in force)1.4.2013
Sections 57 and 6424.01.2013
Sections 58 to 631.4.2013
Sections 65, 66 (partly)24.01.2013
Sections 65, 66 (so far as not already in force)1.4.2013
Section 6724.01.2013
Sections 68 to 821.4.2013
Section 80 (partly)24.01.2013
Section 8324.01.2013
Sections 84 to 87 (partly)24.01.2013
Sections 84 to 92 (so far as not already in force)1.4.2013
Sections 93 and 9424.01.2013
Sections 95, 97 and 103 to 1071.4.2013
Sections 110 and 112 (partly)24.01.2013
Sections 110 to 112 (so far as not already in force)1.4.2013
Section 114 (partly)24.01.2013
Section 114 (so far as not already in force)1.4.2013S.I. 2013/423
Section 119(1) and (2)24.01.2013S.I. 2013/113
Schedules 1 to 19 (so far as not already in force)1.4.2013S.I. 2013/423
Schedule 4 (partly)27.2.2013S.I. 2013/423
Schedule 724.01.2013S.I. 2013/113

Schedules 20 and 21

24.01.2013

S.I. 2013/113