SCHEDULES

SCHEDULE 5Transfer of functions: consequential amendments

Part IVGeneral: disclosure of information

Chapter IIOther Enactments

Insurance Companies Act 1982 (c. 50)

61

1

Paragraph 3 of Schedule 2B to the Insurance Companies Act 1982 is amended as follows.

2

In sub-paragraph (1), in the Table, after entry 1 there is inserted—

1A The Financial Services Authority.

Functions under the Financial Services Act 1986 (other than as a designated agency within the meaning of that Act), the Banking Act 1987 or section 171 of the Companies Act 1989.

3

In sub-paragraph (5), at the end there is inserted

, or

e

the Financial Services Authority under that Act (other than in its capacity as a designated agency) or the Banking Act 1987;