Objectives of FSA etc

2Enhancing public understanding of financial matters etc

F1(1)

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F2(2)

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F2(3)

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F2(4)

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F2(5)

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F3(6)

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(7)

If members of staff of the FSA are transferred to the consumer financial education body, the transfer is to be regarded for the purposes of TUPE as a relevant transfer, whether or not it would otherwise be so regarded.

(8)

In subsection (7)—

“the consumer financial education body” has the same meaning as in section 6A of the Financial Services and Markets Act 2000,

“the FSA” means the Financial Services Authority, and

“TUPE” means the Transfer of Undertakings (Protection of Employment) Regulations 2006.