Bank of England and Financial Services Act 2016

Amendments of Financial Services and Markets Act 2000

This section has no associated Explanatory Notes

19(1)Section 347 (record of authorised persons etc) is amended as follows.

(2)In subsection (2)—

(a)in paragraph (g)(iv), omit “in a case where the authorised person concerned is a relevant authorised person,”;

(b)in paragraph (h) for “a relevant” substitute “an”.

(3)In subsection (8A)—

(a)omit the definition of “relevant authorised person”;

(b)in the definition of “senior manager”, for “a relevant” substitute “an”;

(c)in the definition of “designated senior management function”, for the words from “means” to the end substitute “has the meaning given by section 59ZB.”