http://www.legislation.gov.uk/ukpga/2012/21/section/76/2013-01-24Financial Services Act 2012An Act to amend the Bank of England Act 1998, the Financial Services and Markets Act 2000 and the Banking Act 2009; to make other provision about financial services and markets; to make provision about the exercise of certain statutory functions relating to building societies, friendly societies and other mutual societies; to amend section 785 of the Companies Act 2006; to make provision enabling the Director of Savings to provide services to other public bodies; and for connected purposes.texttext/xmlenStatute Law Database2026-04-20Expert Participation2013-01-24 PART 5 Inquiries and investigations<Emphasis>Investigations</Emphasis>Modification of section 74 in relation to Lloyd's761This section applies only if PRA-authorised persons include—athe Society, orbother persons who carry on regulated activities in relation to anything done at Lloyd's.2Section 74 has effect as if—ain subsection (1)(a) (and section 75(3)), the reference to a PRA-authorised person included a reference to a member of the Society,bin subsection (2)(a)(i), the reference to one or more PRA-authorised persons included a reference to the Society, and the members of the Society, taken together, andcin subsection (2)(a)(ii), the reference to a PRA-authorised person carrying on the activity of effecting and carrying out contracts of insurance included a reference to—ithe Society, oriiany other person who carries on PRA-regulated activities in relation to anything done at Lloyd's.3In this section—a“PRA-regulated activity” is to be read in accordance with section 22A of FSMA 2000, andbterms which are defined in Lloyd's Act 1982 have the same meaning as in that Act.