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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 31 December 2020 - onwards
Version 2 of 2

Regulation 34 Application of Part 9 of the FSMA (hearings and appeals)

(1) Part 9 of the FSMA (hearings and appeals) applies in respect of a reference to the Tribunal under this Part, under the FSMA as applied by this Part or under the SFT regulation, as it applies in respect of a reference to the Tribunal under the FSMA but with the following modifications.

(2) Before section 133 insert -

"132A. Interpretation of Part 9

In this Part, "the 2019 Regulations" means the Transparency of Securities Financing Transactions and of Reuse (Amendment) (EU Exit) Regulations 2019.".

(3) In section 133 (proceedings before Tribunal: general provisions) -

(a) in subsection (1) -

(i) omit "(whether made under this or any other Act)";

(ii) in paragraph (a), omit "or the PRA";

(iii) omit paragraphs (b) and (c);

(b) omit subsection (1A);

(c) in subsection (2), omit ", (b) or (c)";

(d) in subsection (5), the reference to section 393(11) is treated as a reference to section 393(11) as applied by these Regulations;

(e) for subsection (7A) substitute -