Financial Services AuthorityU.K.
F1248Variation of permissionU.K.
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Textual Amendments
F1S. 248 omitted (8.6.2010) by virtue of Financial Services Act 2010 (c. 28), s. 26(2)(e), Sch. 2 para. 46
Commencement Information
I1S. 248 in force at 21.2.2009 by S.I. 2009/296, art. 3, Sch. para. 9
249FunctionsU.K.
(1)A reference in an enactment to functions conferred on the [F2Prudential Regulation Authority or the Financial Conduct Authority] by or under the Financial Services and Markets Act 2000 (or any part of it) includes a reference to functions conferred on [F3that authority] by or under this Act.
(2)A reference in an enactment to functions of the [F4Prudential Regulation Authority or the Financial Conduct Authority] includes a reference to functions conferred by or under this Act (irrespective of whether the enactment was passed or made before or after the commencement of this Act).
F5(3). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F6(4). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Textual Amendments
F2Words in s. 249(1) substituted (1.4.2013) by Financial Services Act 2012 (c. 21), s. 122(3), Sch. 17 para. 59(2)(a) (with Sch. 20); S.I. 2013/423, art. 3, Sch.
F3Words in s. 249(1) substituted (1.4.2013) by Financial Services Act 2012 (c. 21), s. 122(3), Sch. 17 para. 59(2)(b) (with Sch. 20); S.I. 2013/423, art. 3, Sch.
F4Words in s. 249(2) substituted (1.4.2013) by Financial Services Act 2012 (c. 21), s. 122(3), Sch. 17 para. 59(3) (with Sch. 20); S.I. 2013/423, art. 3, Sch.
F5S. 249(3) omitted (1.4.2013) by virtue of Financial Services Act 2012 (c. 21), s. 122(3), Sch. 17 para. 59(4) (with Sch. 20); S.I. 2013/423, art. 3, Sch.
F6S. 249(4) repealed (1.4.2013) by Financial Services Act 2012 (c. 21), s. 122(3), Sch. 19 (with Sch. 20); S.I. 2013/423, art. 3, Sch.
Commencement Information
I2S. 249 in force at 17.2.2009 for specified purposes by S.I. 2009/296, arts. 2, 3, Sch. para. 9
I3S. 249 in force at 21.2.2009 in so far as not already in force by S.I. 2009/296, arts. 2, 3, Sch. para. 9
250InformationU.K.
(1)The [F7Prudential Regulation Authority] shall collect information that it thinks is or may be relevant to the stability of—
(a)individual financial institutions, or
(b)one or more aspects of the financial systems of the United Kingdom.
(2)The Authority may perform its function under subsection (1) by the exercise of the power in section 165 [F8or 165A] of the Financial Services and Markets Act 2000 (power to require information–as qualified[F9, in the case of the section 165 power,] by section 249 above) or in any other way.
Textual Amendments
F7Words in s. 250(1) substituted (1.4.2013) by Financial Services Act 2012 (c. 21), s. 122(3), Sch. 17 para. 60 (with Sch. 20); S.I. 2013/423, art. 3, Sch.
F8Words in s. 250(2) inserted (8.6.2010) by Financial Services Act 2010 (c. 28), s. 26(2)(e), Sch. 2 para. 47(a)
F9Words in s. 250(2) inserted (8.6.2010) by Financial Services Act 2010 (c. 28), s. 26(2)(e), Sch. 2 para. 47(b)
Commencement Information
I4S. 250 in force at 21.2.2009 by S.I. 2009/296, art. 3, Sch. para. 9