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Financial Services and Markets Act 2000

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Changes over time for: Section 110

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Version Superseded: 01/03/2014

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Status:

Point in time view as at 01/04/2013. This version of this provision has been superseded. Help about Status

Changes to legislation:

Financial Services and Markets Act 2000, Section 110 is up to date with all changes known to be in force on or before 26 May 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations. Help about Changes to Legislation

110 Right to participate in proceedings.U.K.

This section has no associated Explanatory Notes

[F1(1)]On an application under section 107, the following are also entitled to be heard—

[F2(a)the FCA,

(aa)in the case of a scheme falling within subsection (2), the PRA, and]

(b)any person (including an employee of the authorised person concerned or of the transferee) who alleges that he would be adversely affected by the carrying out of the scheme.

[F3(2)A scheme falls within this subsection if—

(a)the authorised person concerned or the transferee is a PRA-authorised person, or

(b)the authorised person concerned or the transferee has as a member of its immediate group a PRA-authorised person.]

Textual Amendments

F1S. 110 renumbered as s. 110(1) (1.4.2013) by Financial Services Act 2012 (c. 21), s. 122(3), Sch. 6 para. 4(2) (with Sch. 20); S.I. 2013/423, art. 3, Sch.

F2S. 110(1)(a)(aa) substituted for s. 110(1)(a) (1.4.2013) by Financial Services Act 2012 (c. 21), s. 122(3), Sch. 6 para. 4(3) (with Sch. 20); S.I. 2013/423, art. 3, Sch.

Modifications etc. (not altering text)

C1S. 110 applied (1.12.2001) by S.I. 2001/3626, arts. 1, 3(a)

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