Section 24

Financial Services and Markets Act 2000 (c. 8)

2 The Financial Services and Markets Act 2000 is amended as follows.

3 In section 138I (consultation by the FCA), after subsection (9) insert -

"(9A) This section does not apply to rules made by the FCA under section 271E."

4

(1) Section 165 (regulators' powers to require information) is amended as follows.

(2) In subsection (7)(b), after "section" insert "271A or".

(3) At the end insert -

"(12) In subsection (7)(b), the reference to a scheme that is recognised includes a scheme a part of which is recognised."

5 In section 237(2) (Part 17 definitions), in the definition of "the operator" -

(a) in paragraph (ab) omit "and", and

(b) after paragraph (b) insert ", and