Financial Services and Markets Act 2000

153 Rule-making instruments.U.K.
This section has no associated Explanatory Notes

(1)Any power conferred on the Authority to make rules is exercisable in writing.

(2)An instrument by which rules are made by the Authority (“a rule-making instrument”) must specify the provision under which the rules are made.

(3)To the extent to which a rule-making instrument does not comply with subsection (2), it is void.

(4)A rule-making instrument must be published by the Authority in the way appearing to the Authority to be best calculated to bring it to the attention of the public.

(5)The Authority may charge a reasonable fee for providing a person with a copy of a rule-making instrument.

(6)A person is not to be taken to have contravened any rule made by the Authority if he shows that at the time of the alleged contravention the rule-making instrument concerned had not been made available in accordance with this section.

Modifications etc. (not altering text)

C1S. 153 applied (6.8.2001) by S.I. 2001/2512, arts. 1(1), 7(2)