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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 29 August 2023 - onwards
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66 Ambulatory references

(1) FSMA 2000 is amended as follows.

(2) In section 137T (regulator rules: general supplementary powers), after paragraph (a) insert -

"(aa) may make provision for any reference in the rules to an enactment (including an enactment comprised in subordinate legislation) to be read as a reference to that enactment as it has effect from time to time,".

(3) In section 428 (regulations and orders) -

(a) in subsection (3) before paragraph (a) insert -

"(za) make provision by reference to any rules or other instruments as they have effect from time to time;";

(b) after subsection (3) insert -

"(4) In subsection (3)(za) "rules" includes rules made by the Bank of England under this Act."

Comparing proposed amendment...