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(1)Before issuing the code of practice the Treasury must consult—
(a)the FSA,
(b)the Bank of England, and
(c)the scheme manager of the Financial Services Compensation Scheme (established under Part 15 of the Financial Services and Markets Act 2000).
(2)As soon as is reasonably practicable after issuing the code of practice the Treasury shall lay a copy before Parliament.
(3)The Treasury may revise and re-issue the code of practice.
(4)Subsections (1) and (2) apply to re-issue as to the first issue.
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Text created by the government department responsible for the subject matter of the Act to explain what the Act sets out to achieve and to make the Act accessible to readers who are not legally qualified. Explanatory Notes were introduced in 1999 and accompany all Public Acts except Appropriation, Consolidated Fund, Finance and Consolidation Acts.
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