SCHEDULES
SCHEDULE 9

Discipline and enforcement
PART 2

Authorised persons acting without permission
4
After section 23 insert—

Parliamentary control in relation to certain orders under section 23
23A
1
This section applies to the first order made under section 23(1B).
2
This section also applies to any subsequent order made under section 23(1B) which contains a statement by the Treasury that, in their opinion, the effect (or one of the effects) of the proposed order would be that an activity would become a credit-related regulated activity.
3
An order to which this section applies may not be made unless a draft of the order has been laid before Parliament and approved by a resolution of each House.
Sch. 9 para. 4 in force at 1.4.2013 by S.I. 2013/423, art. 3, Sch.