The Financial Services and Markets Act 2000 (Consequential Amendments and Repeals) Order 2001 No. 3649

PART 8 MISCELLANEOUS AMENDMENTS TO PRIMARY LEGISLATION

Lloyd’s Act 1871 (c. 21)

Functions to be exercised by the Authority

264.—(1) The Lloyd’s Act 1871 is amended as follows.

(2) In section 35 (salvage operations as to wreck of Lutine) for “the Treasury”(1) substitute “the Financial Services Authority”.

(3) In section 39 (agreements for incorporation of other Societies, &c) for “the Treasury”(2) substitute “the Financial Services Authority”.

(1)

The reference to “the Treasury” was substituted by S.I. 1997/2781, article 8. The function in question was contracted out to the Financial Services Authority under S.I. 1998/2842, article 2, Schedule, paragraph 62(a). That Order is revoked by this Order, and the substitution made by this paragraph is consequential on that revocation.

(2)

The reference to “the Treasury” was substituted by S.I. 1997/2781, article 8. The function in question was contracted out to the Financial Services Authority under S.I. 1998/2842, article 2, Schedule, paragraph 62(b). That Order is revoked by this Order, and the substitution made by this paragraph is consequential on that revocation.