SCHEDULES

SCHEDULE 3Consequential amendments relating to Part 4

Financial Services and Markets Act 2000

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1

Section 59A of FSMA 2000 (specifying functions as controlled functions: supplementary) is amended as follows.

2

In subsection (1)(a) and (b), for “significant-influence” substitute “ senior management ”.

3

After subsection (3) insert—

3A

Senior management function” has the meaning given by section 59ZA.