F1PART 9ARules and Guidance

Annotations:
Amendments (Textual)
F1

Pt. 9A substituted for ss. 138-164 (24.1.2013 for specified purposes, 1.4.2013 in so far as not already in force) by Financial Services Act 2012 (c. 21), ss. 24(1), 122(3) (with Sch. 20); S.I. 2013/113, art. 2(1)(c), Sch. Pt. 3; S.I. 2013/423, art. 3, Sch.

C2C1CHAPTER 2Rules: modification, waiver, contravention and procedural provisions

Annotations:
Modifications etc. (not altering text)
C2

Pt. 9A Ch. 2 applied (with modifications) by S.I. 2011/99, Sch. 3 para. 2A(2)(3) (as inserted (13.8.2017 for specified purposes, 13.10.2017 for specified purposes, 13.1.2018 in so far as not already in force) by The Payment Services Regulations 2017 (S.I. 2017/752), reg. 1(2)(c)(iii)(3)(f)(i)(6), Sch. 8 para. 5(31)(a) (with reg. 3))

C1

Pt. 9A Ch. 2 applied (with modifications) (13.8.2017 for specified purposes, 13.1.2018 in so far as not already in force) by The Payment Services Regulations 2017 (S.I. 2017/752), reg. 1(2)(b)(ii)(6), Sch. 6 para. 3(2) (with reg. 3)

Contravention of rules

138ELimits on effect of contravening rules

1

A person is not guilty of an offence by reason of a contravention of a rule made by either regulator.

2

No such contravention makes any transaction void or unenforceable.

3

Subsection (2) does not apply in relation to—

a

rules made by the FCA under section 137C, F2...

b

product intervention rules made by the FCA under section 137D F3or

c

rules made by the FCA under section 137FBB.