Financial Services Act 2012 (c. 21)

SCHEDULES

SCHEDULE 6 Control of business transfers

16 In paragraph 8(2)—

(a) for paragraph (a) substitute—

“(a) if the transferee is a PRA-authorised person with a Part 4A permission or with permission under Schedule 4, the PRA;

(aa) if the transferee is a person with Part 4A permission or with permission under Schedule 4 but is not a PRA-authorised person, the FCA;”, and

(b) in paragraph (c), after “(a)” insert “, (aa)”.