Financial Services Act 2012

This section has no associated Explanatory Notes

6U.K.After section 112 insert—

112ZADuty of regulator to provide copy of order

(1)Where the PRA receives under section 112(10) a copy of an order it must, without delay, give a copy of it to the FCA.

(2)Where the FCA receives under section 112(10) a copy of an order it must, without delay, give a copy of it to the PRA if the order relates to a scheme in respect of which—

(a)the transferee is a PRA-authorised person, or

(b)the authorised person concerned or the transferee has as a member of its immediate group a PRA-authorised person.

Commencement Information

I1Sch. 6 para. 6 in force at 1.4.2013 by S.I. 2013/423, art. 3, Sch.