PART 2 Transitional and saving provisions concerning the SFT Regulation

CHAPTER 3 Temporary registration for run-off period

18 Application of Part 9 of the Financial Services and Markets Act 2000
1 Part 9 of the Financial Services and Markets Act 2000 (“the Act”) (hearings and appeals) applies in respect of a reference to the Tribunal under regulation 17 as it applies in respect of a reference to the Tribunal under the Act but with the following modifications.
2000 c.8.
2 In section 133 (proceedings before the Tribunal: general provisions)—
(a) in subsection 1—
(i) omit “(whether made under this or any other Act)”;
(ii) in paragraph (a), omit “or the PRA”;
(iii) omit paragraphs (b) and (c);
(b) omit subsection (1A);
(c) in subsection (2), omit “, (b) or (c)”;
(d) omit subsection (5);
(e) in subsection (6), for “In any other case, the Tribunal” substitute “The Tribunal”;
(f) omit subsection (7A).
3 Omit section 133A (proceedings before the Tribunal: decision and supervisory notices, etc).
4 In section 133B (offences), in subsection (1)—
(a) in paragraph (a), omit “or the PRA”;
(b) omit paragraphs (b) and (c).