SCHEDULES

SCHEDULE 18Further minor and consequential amendments

PART 2Amendments of other Acts of Parliament

Proceeds of Crime Act 2002 (c. 29)

I194

1

The Proceeds of Crime Act 2002 is amended as follows.

2

In section 282 (exemptions), in subsection (3)—

a

for “Financial Services Authority” substitute “ Financial Conduct Authority or the Prudential Regulation Authority ”, and

b

for “the authority” substitute “ it ”.

3

In section 308 (general exceptions), in subsection (7)(a)—

a

for “Financial Services Authority under” substitute “ Financial Conduct Authority, the Prudential Regulation Authority or the Bank of England under or by virtue of ”, and

b

omit “of authority”.

4

In Part 2 of Schedule 9 (supervisory authorities), in paragraph 4(1)—

a

for paragraph (c) substitute—

c

Financial Conduct Authority;

b

after paragraph (e) insert—

ea

Prudential Regulation Authority;