35(1)Section 396 (statements under s.395: consultation) is amended as follows.U.K.
(2)In subsection (1)—
(a)after “a statement of” insert “ its ”,
(b)for “the Authority”, in the first place, substitute “ the regulator ”,
(c)for “the Authority”, in the second place, substitute “ it ”, and
(d)for “it” substitute “ the draft ”.
(3)In subsection (2), for “Authority” substitute “ regulator publishing the draft ”.
(4)In subsection (3), for “Before issuing the proposed statement of procedure, the Authority” substitute “ Before a regulator issues the proposed statement of its procedure, it ”.
(5)In subsection (4), for “Authority issues the proposed statement of procedure” substitute “ regulator issues the proposed statement of its procedure, ”.
(6)In subsection (5)—
(a)for “statement of procedure differs from the draft published” substitute “ statement of the regulator's procedure differs from the draft published by it ”,
(b)for “, in the opinion of the Authority,” substitute “ , in its opinion, ”, and
(c)for “the Authority must” substitute “ it must ”.
(7)In subsection (6)—
(a)for “The Authority” substitute “ The regulator publishing a draft under subsection (1) ”, and
(b)for “a draft published under subsection (1)” substitute “ the draft ”.
Commencement Information
I1Sch. 9 para. 35 in force at 24.1.2013 for specified purposes by S.I. 2013/113, art. 2(1)(c), Sch. Pt. 3
I2Sch. 9 para. 35 in force at 1.4.2013 in so far as not already in force by S.I. 2013/423, art. 3, Sch.