Financial Services Act 2012

This section has no associated Explanatory Notes

10(1)Section 293 (notification requirements) is amended as follows.

(2)In subsections (1) to (3) and (5), for “Authority” substitute “appropriate regulator”.

(3)In subsection (6)—

(a)in paragraph (a), after “provision” insert “by another person”,

(b)in paragraph (b), for “clearing services” substitute “services falling within section 285(2)(b)”, and

(c)for “the Authority” substitute “the FCA and the Bank of England”.

(4)In subsection (7)—

(a)in paragraph (a), after “clearing services” insert “or services falling within section 285(3)(b)”,

(b)in paragraph (b), after “clearing services” insert “or services falling within section 285(3)(b)”, and

(c)for “the Authority” substitute “the Bank of England and the FCA”.

(5)In subsection (9), for “the Authority's” substitute “the appropriate regulator's”.