The functions of the FCA under the EC Regulation are to be treated for the purposes of Part 1 (general) and paragraphs 16 (status) and 33 (exemption from liability in damages) of Schedule 1ZA [Paragraph 10 was amended by article 3(1) of, and paragraph 213 of Part 2 of Schedule 1 to, the Companies Act 2006 (Consequential Amendments etc) Order 2008 (S.I. 2008/948); there are other amendments to Part 1 which are not relevant to these Regulations.] to the Act as functions conferred on the FCA under the Act.