(1) In section 417 of FSMA 2000 (definitions), in subsection (1) -

(a) omit the definition of "the Authority",

(b) in the definition of "control of information rules" for "section 147(1)" substitute "section 137P",

(c) after that definition insert -

""credit -related regulated activity" has the meaning given in section 23(1B);",

(d) after the definition of "exempt person" insert -

""the FCA" means the Financial Conduct Authority;",

(e) in the definition of "financial promotion rules" for "section 145" substitute "section 137R",

(f) for the definition of "general rules" substitute -

""general rules" -

(a) in relation to the FCA, has the meaning given in section 137A(2), and

(b) in relation to the PRA, has the meaning given in section 137G(2);",