SCHEDULES
SCHEDULE 5Performance of regulated activities
I1I212
1
Section 64 (conduct of approved persons: statement and codes) is amended as follows.
2
In subsection (2)—
a
for “the Authority” substitute “
a regulator
”
, and
b
after “subsection (1)” insert “
or (1A)
”
.
3
In subsection (3)(a) to (c), for “Authority” substitute “
regulator issuing the code
”
.
4
In subsection (4)—
a
for “The Authority” substitute “
A regulator
”
, and
b
after “issued” insert “
by it
”
.
5
In subsection (5)—
a
after “replaced” insert “
by a regulator
”
, and
b
for “Authority” substitute “
regulator
”
.
6
In subsection (6)—
a
for “the Authority”, in the first place, substitute “
the regulator that issued it
”
, and
b
for “the Authority”, in the second place, substitute “
that regulator
”
.
7
In subsection (10), for “The Authority” substitute “
A regulator
”
.
8
In subsection (11), for paragraph (b) substitute—
b
is to be treated for the purposes of section 1B(6)(a) as part of the FCA's rule-making functions (where the power is exercisable by the FCA) and is to be treated for the purposes of section 2J(1)(a) as part of the PRA's rule-making functions (where the power is exercisable by the PRA).
9
In subsection (12)—
a
for “The Authority” substitute “
A regulator
”
, and
b
after “published” insert “
by it
”
.
10
For subsection (13) substitute—
13
Any expression which is used both in this section and section 59 has the same meaning in this section as in that section.