Part II

Regulated And Prohibited Activities

Regulated activities

Designation of activities requiring prudential regulation by PRA
22A
1
The Treasury may by order specify the regulated activities that are “
PRA-regulated activities
” for the purposes of this Act.
2
An order under subsection (1) may—
a
provide for exceptions;
b
confer powers on the Treasury or either regulator;
c
authorise the making of rules or other instruments by either regulator for purposes of, or connected with, any relevant provision;
d
make provision in respect of any information or document which in the opinion of the Treasury or either regulator is relevant for purposes of, or connected with, any relevant provision;
e
make such consequential, transitional, or supplemental provision as the Treasury consider appropriate for purposes of, or connected with, any relevant provision.
3
Provision made as a result of subsection (2)(e) may amend any primary or subordinate legislation, including any provision of, or made under, this Act.
4
“
Relevant provision
” means this section or any provision made under this section.
Ss. 22A, 22B inserted (24.1.2013) by Financial Services Act 2012 (c. 21), ss. 9, 122(3) (with Sch. 20); S.I. 2013/113, art. 2(1)(a), Sch. Pt. 1