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SCHEDULES

SCHEDULE 23Consequential Amendments of the Financial Services Act 1986

Part IGeneral Amendments

17(1)Section 124 of the [1986 c. 60.] Financial Services Act 1986 (matters to be left out of account for certain purposes in connection with competition scrutiny) is amended as follows.

(2)In subsection (1) (matters to be left out of account in determining whether monopoly situation exists), in paragraph (c) for “rules or regulations made or guidance issued” substitute “statements of principle, rules, regulations, codes of practice or guidance issued or made”.

(3)In subsection (3) (matters to be excluded from consideration where monopoly situation exists)—

(a)in paragraph (a), for “rules or regulations made” substitute “statements of principle, rules, regulations or codes of practice issued or made”,

(b)in paragraph (b), for “rules or regulations” substitute “statements of principle, rules, regulations or codes of practice”, and

(c)in the closing words, for “rules, regulations” substitute “statements of principle, rules, regulations, codes of practice”.