SCHEDULES
F1SCHEDULE 1ZAThe Financial Conduct Authority
C2PART 1General
Sch. 1ZA Pt. 1 modified by S.I. 2007/3298, reg. 4(4) (as amended) (1.4.2013) by The Financial Services Act 2012 (Consequential Amendments and Transitional Provisions) Order 2013 (S.I. 2013/472), Sch. 2 para. 131(c)
Arrangements for discharging functions
8
1
The FCA may make arrangements for any of its functions to be discharged by a committee, sub-committee, officer or member of staff of the FCA, but subject to the following provisions.
C1C32
In exercising its legislative functions, the FCA must act through its governing body.
3
For that purpose, the following are the FCA's legislative functions—
a
making rules;
F9b
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
c
issuing statements under—
ii
section 345D (whether as a result of section 345(2) F2, section 249(1) or 261K(1)), or
iii
section 80 of the Financial Services Act 2012;
d
giving directions under section 316, 318 or 328.
F5e
setting standards under section 333H.
4
The function of issuing general guidance (as defined in section 139B(5) F7or 333P(9)) may not be discharged by an officer or member of staff of the FCA.
F45
In respect of the exercise of a function under Part 1 of the Competition Act 1998, the power in sub-paragraph (1) is subject to provision in rules made under section 51 of that Act by virtue of paragraph 1A of Schedule 9 to that Act.
Schs. 1ZA, 1ZB substituted for Sch. 1 (24.1.2013 for specified purposes, 19.2.2013 for specified purposes, 1.4.2013 in so far as not already in force) by Financial Services Act 2012 (c. 21), s. 122(3), Sch. 3 (with Sch. 20); S.I. 2013/113, art. 2(1)(b)(c)(2), Sch. Pts. 2, 3, 4; S.I. 2013/423, art. 3, Sch.