This section has no associated Explanatory Memorandum
6.—(1) Section 4(1) (rules) is amended as follows.
(2) In subsection (1), for “Authority”, in each place, substitute “FCA”.
(3) After subsection (1), insert—
“(1A) The FCA must consult the PRA before determining any provision under subsection (1)(b) which relates to credit unions which are PRA-authorised persons.”.
(1)
Section 4 was amended by S.I. 2001/2617 and S.I. 2002/1555.