SCHEDULES
SCHEDULE 18

Further minor and consequential amendments
PART 1

Amendments of FSMA 2000
22
1
Section 407 (consequences of a direction under section 405) is amended as follows.
2
In subsection (1)—
a
for “the Authority”, in the first place, substitute “ a regulator ”,
b
in paragraph (a), for “subsections (7) to (9) of section 52 do” substitute “ section 55X does ”, and
c
in paragraph (b), for “Authority” substitute “ regulator ”.
3
In subsection (2)—
a
for “the Authority”, in the first place, substitute “ a regulator ”,
b
in paragraph (a), for “section 52(1) and (2)” substitute “ subsections (1) to (3) of section 55V ”, and
c
in paragraph (b), for “Authority” substitute “ regulator ”.
4
In subsection (3)—
a
for “the Authority”, in the first place, substitute “ a regulator ”, and
b
in paragraph (b), for “Authority” substitute “ regulator ”.
Sch. 18 para. 22 in force at 1.4.2013 by S.I. 2013/423, art. 3, Sch.