http://www.legislation.gov.uk/uksi/2014/378/note/made
The Financial Services (Banking Reform) Act 2013 (Transitional Provision) Order 2014
en
King's Printer of Acts of Parliament
2015-07-03
FINANCIAL SERVICES AND MARKETS
This Order is made under section 146 of the Financial Services (Banking Reform) Act 2013 (c. 33). It makes transitional provision in connection with the coming into force of section 16 of that Act, which requires the approval of the Treasury to be given before a chief executive may be appointed to the scheme manager of the Financial Services Compensation Scheme. The existing chief executive is to be treated on 1st April 2014 as if appointed with Treasury approval.
EXPLANATORY NOTE
(This note is not part of the Order)
This Order is made under section 146 of the Financial Services (Banking Reform) Act 2013 (c. 33). It makes transitional provision in connection with the coming into force of section 16 of that Act, which requires the approval of the Treasury to be given before a chief executive may be appointed to the scheme manager of the Financial Services Compensation Scheme. The existing chief executive is to be treated on 1st April 2014 as if appointed with Treasury approval.