Financial Services Act 2012

Final provisions

120 Financial provision

(1) There is to be paid out of money provided by Parliament—

(a) any expenditure incurred under or by virtue of this Act by a Minister of the Crown or government department (apart from any expenditure to be met from the National Loans Fund), and

(b) any increase attributable to this Act in the sums payable under any other Act out of money so provided.

(2) There is to be paid out of the National Loans Fund any increase attributable to this Act in the sums payable under any other Act out of that Fund.

121 Extent

This Act extends to England and Wales, Scotland and Northern Ireland.

122 Commencement

(1) The following provisions come into force on the day on which this Act is passed—

• section 109;

• sections 115 to 118;

• section 119(3) to (6);

• sections 120 and 121;

• this section;

• section 123.

(2) Sections 108 and 113 come into force at the end of the period of 2 months beginning with day on which this Act is passed.

(3) The remaining provisions of this Act come into force on such day as the Treasury may by order appoint.

(4) Different days may be appointed for different purposes.

123 Short title

This Act may be cited as the Financial Services Act 2012.