2014 No. 3323 (C. 156)

Banks And Banking

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

Made

The Treasury, in exercise of the powers conferred by section 122(3) and (4) of the Financial Services Act 20121, makes the following Order:

Citation1

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 20152

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 LancasterGavin BarwellTwo of the Lords Commissioners of Her Majesty’s Treasury
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)

Provision

Date of Commencement

S.I.No.

Sections 1, 4, 5 and 6 (partly)

19.02.2013

S.I. 2013/113

Sections 4 and 6 (partly)

24.01.2013

S.I. 2013/113

Sections 1 to 6 (so far as not already in force)

01.04.2013

S.I. 2013/423

Sections 7, 8 and 9

24.01.2013

S.I. 2013/113

Sections 10 to 48 (so far as not already in force)

01.04.2013

S.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)

24.01.2013

S.I. 2013/113

Sections 17, 18 and 39 (partly)

19.03.2013

S.I. 2013/651

Paragraphs (d), (j) and (n) of subsection (1), and subsections (2) and (3) of section 48

24.01.2013

S.I. 2013/113

Sections 49 and 50 to 52

24.01.2013

S.I. 2013/113

Sections 53 to 56

01.04.2013

S.I. 2013/423

Sections 57 and 64

24.01.2013

S.I. 2013/113

Sections 58 to 63

01.04.2013

S.I. 2013/423

Sections 65 and 66 (partly)

24.01.2013

S.I. 2013/113

Sections 65 and 66 (so far as not already in force)

01.04.2013

S.I. 2013/423

Section 67

24.01.2013

S.I. 2013/113

Sections 68 to 82

01.04.2013

S.I. 2013/423

Section 80 (partly)

24.01.2013

S.I. 2013/113

Section 83

24.01.2013

S.I. 2013/113

Sections 84 to 87 (partly)

24.01.2013

S.I. 2013/113

Sections 84 to 87 (so far as not already in force)

01.04.2013

S.I. 2013/423

Sections 88 to 92

01.04.2013

S.I. 2013/423

Sections 93 and 94

24.01.2013

S.I. 2013/113

Sections 95, 97 and 103 to 107

01.04.2013

S.I. 2013/423

Sections 100, 101 and 102 (partly)

05.06.2014

S.I. 2014/1447

Sections 100, 101 and 102 (so far as not already in force)

01.08.2014

S.I. 2014/1847

Sections 110 and 112 (partly)

24.01.2013

S.I. 2013/113

Sections 110 and 112 (so far as not already in force)

01.04.2013

S.I. 2013/423

Section 111

01.04.2013

S.I. 2013/423

Section 114 (partly)

24.01.2013

S.I. 2013/113

Section 114 (so far as not already in force)

01.04.2013

S.I. 2013/423

Section 119(1) and (2)

24.01.2013

S.I. 2013/113

Schedules 1 to 19 (so far as not already in force)

01.04.2013

S.I. 2013/423

Schedule 4 (partly)

27.02.2013

S.I. 2013/423

Schedule 7 (partly)

24.01.2013

S.I. 2013/113

Schedules 20 and 21

24.01.2013

S.I. 2013/113