(1) In Article 39 -
(a) omit paragraphs 1 and 2;
(b) in paragraph 3 -
(i) for "Competent authorities" substitute "The FCA";
(ii) for "their Member State" substitute "the United Kingdom".
(2) Omit Articles 40 and 41.
(3) In Article 42 -
(a) in paragraph 1 -
(i) for "A competent authority" substitute "The FCA";
(ii) for "that Member State" substitute "the United Kingdom";
(b) in paragraph 2 -
(i) in the first subparagraph -
(aa) in the opening words, for "A competent authority" substitute "The FCA";
(bb) in point (a)(i), for "within at least one Member State" substitute "within the United Kingdom";
(cc) in point (b), for "Union law" substitute "the law of the United Kingdom (or any part of the United Kingdom)";
(dd) in point (c), at the end, insert "and";
(ee) omit points (d) and (e);
(ff) in point (f), after "public bodies" insert "in the United Kingdom";
(ii) in the second and third subparagraphs, for "competent authority" substitute "FCA";
(c) for paragraph 3, substitute -
"3. Su