SCHEDULES

SCHEDULE 4EEA passport rights and treaty rights

PART 4Amendments of Part 13 of FSMA 2000: Powers of intervention

I1I238

1

Section 198 (power to apply to court for injunction in respect of certain overseas insurance companies) is amended as follows.

2

In subsections (1) to (3), for “Authority”, in each place, substitute “ appropriate regulator ”.

3

After subsection (3) insert—

3A

The appropriate regulator” means whichever regulator is, at the time when the request is received, the competent authority for the purposes of the provision referred to in subsection (1)(a), (b) or (c).