(1) The following provisions come into force on the day after that on which these Regulations are made -
(b) Part 2 (designated activities and FCA powers), and
(c) the remaining provisions, for the purposes only of enabling the FCA to -
(i) make rules,
(ii) give directions or guidance, or
(iii) issue statements of policy.
(2) So far as not already in force by virtue of paragraph (1), these Regulations come into force on the day on which the revocation of the PRIIPs Regulation [For the meaning of "PRIIPs Regulation" see regulation 3(1).] by section 1(1) of, and Schedule 1 to, the Financial Services and Markets Act 2023 comes into force ("main commencement day").