Version status: In force | Document consolidation status: No known changes
Version date: 21 July 2018 - onwards
  Version 3 of 3    

Regulation 2 Amendments to the Financial Services and Markets Act 2000

(1) The Financial Services and Markets Act 2000 is amended as follows.

(2) In section 55J (variation or cancellation on initiative of regulator) [Substituted by section 11(2) of the Financial Services Act 2012.] -

(a) in subsection (6A) [Inserted by S.I. 2003/1773 and amended by S.I. 2015/1882.], in paragraph (e) -

(i) omit the "or" at the end of sub-paragraph (iii);

(ii) at the end of sub-paragraph (iv) insert "; or";

(iii) after that sub-paragraph insert -

"(v) a provision of the MMF Regulation or any directly applicable regulation or decision made under that Regulation.";

(b) in subsection (7ZA) [Inserted by S.I. 2016/225.] -

(i) omit the "or" at the end of paragraph (a);

(ii) at the end of paragraph (b) insert "or";

(iii) after that paragraph insert -

"(c) by the MMF Regulation or any directly applicable regulation or decision made under that Regulation,".

(3) In section 194 (general grounds on which power of intervention is exercisable) [Amended by the section 12 of the Financial