(1) The Act is amended as follows.

(2) In section 1H (further interpretative provisions for sections 1B to 1G) [Inserted by the Financial Services Act 2012, section 6.] -

(a) omit paragraph (b) of subsection (2);

(b) in subsection (8), omit the definitions of "accepting" and "consumer credit business".

(3) In section 194 (general grounds on which power of intervention in relation to EEA firm is exercisable), omit subsections (2) to (4).

(4) Sections 203 and 204 (powers to prohibit or restrict the carrying on of Consumer Credit Act business) [Section 203 was amended by the Enterprise Act 2002 (c.40), Schedule 25, paragraph 40(1) and (7), the Consumer Credit Act 2006 (c.14), section 33, and S.I. 2000/2952. Section 204 was amended by the Enterprise Act 2002, Schedule 25, paragraph 40(1) and (8).] are omitted.

(5) Section 226A (consumer credit jurisdiction) [Inserted by the Consumer Credit Act 2006, section 59.] is omitted.