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The Financial Services Act 2012 (Commencement No. 6) Order 2014

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Statutory Instruments

2014 No. 3323 (C. 156)

Banks And Banking

The Financial Services Act 2012 (Commencement No. 6) Order 2014

Made

17th December 2014

The Treasury, in exercise of the powers conferred by section 122(3) and (4) of the Financial Services Act 2012(1), makes the following Order:

Citation

1.  This Order may be cited as the Financial Services Act 2012 (Commencement No. 6) Order 2014.

Provisions of the Financial Services Act 2012 coming into force on 1st January 2015

2.  1st January 2015 is the appointed day for the coming into force of sections 96(1), (2), (5) and (6), 98 and 99 of the Financial Services Act 2012 for all purposes.

Mark Lancaster

Gavin Barwell

Two of the Lords Commissioners of Her Majesty’s Treasury

17th December 2014

EXPLANATORY NOTE

(This note is not part of the Order)

This Order brings into force subsections (1), (2), (5) and (6) of section 96, and sections 98 and 99 of the Financial Services Act 2012 (c. 21) (“the Act”), which amend the Banking Act 2009, on 1st January 2015. This is the sixth commencement order to be made under the Act.

This Order will have no effect on the costs of business and the voluntary sector independent of the provision this Order brings into force. For that reason, no impact assessment has been produced for this instrument.

NOTE AS TO EARLIER COMMENCEMENT ORDERS

(This note is not part of the Order)

ProvisionDate of CommencementS.I. No.
Sections 1, 4, 5 and 6 (partly)19.02.2013S.I. 2013/113
Sections 4 and 6 (partly)24.01.2013S.I. 2013/113
Sections 1 to 6 (so far as not already in force)01.04.2013S.I. 2013/423
Sections 7, 8 and 924.01.2013S.I. 2013/113
Sections 10 to 48 (so far as not already in force)01.04.2013S.I. 2013/423
Sections 11, 12, 14, 15, 16, 18, 19, 24, 27, 29, 30, 33, 35, 37, 38, 39, 40, 41, 42, 43 and 45 (partly)24.01.2013S.I. 2013/113
Sections 17, 18 and 39 (partly)19.03.2013S.I. 2013/651
Paragraphs (d), (j) and (n) of subsection (1), and subsections (2) and (3) of section 4824.01.2013S.I. 2013/113
Sections 49 and 50 to 5224.01.2013S.I. 2013/113
Sections 53 to 5601.04.2013S.I. 2013/423
Sections 57 and 6424.01.2013S.I. 2013/113
Sections 58 to 6301.04.2013S.I. 2013/423
Sections 65 and 66 (partly)24.01.2013S.I. 2013/113
Sections 65 and 66 (so far as not already in force)01.04.2013S.I. 2013/423
Section 6724.01.2013S.I. 2013/113
Sections 68 to 8201.04.2013S.I. 2013/423
Section 80 (partly)24.01.2013S.I. 2013/113
Section 8324.01.2013S.I. 2013/113
Sections 84 to 87 (partly)24.01.2013S.I. 2013/113
Sections 84 to 87 (so far as not already in force)01.04.2013S.I. 2013/423
Sections 88 to 9201.04.2013S.I. 2013/423
Sections 93 and 9424.01.2013S.I. 2013/113
Sections 95, 97 and 103 to 10701.04.2013S.I. 2013/423
Sections 100, 101 and 102 (partly)05.06.2014S.I. 2014/1447
Sections 100, 101 and 102 (so far as not already in force)01.08.2014S.I. 2014/1847
Sections 110 and 112 (partly)24.01.2013S.I. 2013/113
Sections 110 and 112 (so far as not already in force)01.04.2013S.I. 2013/423
Section 11101.04.2013S.I. 2013/423
Section 114 (partly)24.01.2013S.I. 2013/113
Section 114 (so far as not already in force)01.04.2013S.I. 2013/423
Section 119(1) and (2)24.01.2013S.I. 2013/113
Schedules 1 to 19 (so far as not already in force)01.04.2013S.I. 2013/423
Schedule 4 (partly)27.02.2013S.I. 2013/423
Schedule 7 (partly)24.01.2013S.I. 2013/113
Schedules 20 and 2124.01.2013S.I. 2013/113

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