48. In the Financial Services and Markets Act 2000 (Rights of Action) Regulations 2001(1)—
(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)”.
S.I. 2001/2256, amended by S.I. 2002/2706. There are other amending instruments but none is relevant.