SCHEDULE 2Amendments of subordinate legislation
The Financial Services and Markets Act 2000 (Rights of Action) Regulations 200148
In the Financial Services and Markets Act 2000 (Rights of Action) Regulations 200195—
a
in regulations 4(1) (authorised person acting otherwise than in accordance with permission) and 7(1) (incoming firms), for “the Authority” substitute “the FCA or the PRA”;
b
in regulation 6 (Authority rules)—
i
in the heading omit “Authority”;
ii
in paragraph (1), for “150(5)” substitute “138D(6)”;
iii
in paragraph (2), for “150(3)” substitute “138D(4)”;
iv
in paragraph (4)(b), for “150(4)” substitute “138D(5)”.