SCHEDULEApplication and modification of primary legislation
Modification to section 137S (financial promotion rules: directions given by FCA)9
Section 137S (financial promotion rules: directions given by FCA)33 applies as if—
a
in subsection (1)—
i
for paragraph (a) there was substituted—
a
a registered person has made, or proposes to make, a communication, and
ii
in paragraph (b), “or approval” was omitted;
b
in subsection (2)—
i
in the words before paragraph (a), for “authorised person” there was substituted “registered person”
;
ii
in paragraph (a), “or approval” was omitted;
iii
in paragraph (b)—
aa
“or giving the approval” was omitted;
bb
“or given” was omitted;
iv
in paragraph (d), “or approval” was omitted;
c
in subsection (3), “or approving” were omitted in both places;
d
in subsection (5)—
i
in the words before paragraph (a), for “an authorised person” there was substituted “a registered person”
;
ii
in paragraph (a), for “authorised person, and” there was substituted “registered person.”
;
iii
paragraph (b) was omitted;
e
in subsection (8)—
i
in paragraph (a), for “persons mentioned in subsection (5)(a) or (b)” there was substituted “registered person”
;
ii
in paragraph (b), “any” was omitted;
f
in subsection (10), for “those persons” there was substituted “that person”
;
g
subsection (12) was omitted.