Financial Services Act 2012

This section has no associated Explanatory Notes

16In paragraph 8(2)—

(a)for paragraph (a) substitute—

(a)if the transferee is a PRA-authorised person with a Part 4A permission or with permission under Schedule 4, the PRA;

(aa)if the transferee is a person with Part 4A permission or with permission under Schedule 4 but is not a PRA-authorised person, the FCA;, and

(b)in paragraph (c), after “(a)” insert “, (aa)”.