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The Financial Services Act 2012 (Transitional Provisions) (Permission and Approval) Order 2013

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1.—(1) This Order may be cited as the Financial Services Act 2012 (Transitional Provisions) (Permission and Approval) Order 2013 and comes into force on 1st April 2013.

(2) In this Order—

“the Authority” means the Financial Services Authority;

“the commencement date” means 1st April 2013.

(3) A reference in this Order to a provision of an Act is a reference to a provision of FSMA 2000(1), except where indicated otherwise.

(4) A term used in this Order which is defined in FSMA 2000 has the same meaning as in that Act.

(5) For the purpose of this Order, a reference to a permission, approval or requirement under FSMA 2000, or to any other thing done under or for the purposes of that Act, includes a reference to a permission, approval or a requirement or other thing treated as having effect or having been done under FSMA 2000, however described, by an order under—

(a)section 426 (consequential and supplementary provision);

(b)section 2(2) of the European Communities Act 1972(2) (general implementation of Treaties).

(1)

Section 117 of the 2012 Act defines “FSMA 2000” as meaning the Financial Services and Markets Act 2000 (c. 8).

(2)

1972 c.68. Section 2(2) was amended by the Legislative and Regulatory Reform Act 2006 (c.51), section 27 and by the European Union (Amendment) Act 2008 (c.7), section 3 and Schedule, Part 1.

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