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					<dc:identifier>http://www.legislation.gov.uk/ukpga/2012/21/section/79/2016-07-03</dc:identifier><dc:title>Financial Services Act 2012</dc:title><dc:description>An 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.</dc:description><dc:type>text</dc:type><dc:format>text/xml</dc:format><dc:language>en</dc:language><dc:publisher>Statute Law Database</dc:publisher><dc:modified>2026-08-12</dc:modified><dc:contributor>Expert Participation</dc:contributor><dct:valid>2016-07-03</dct:valid>
					
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									<ukm:Notes><ukm:Note IdURI="http://www.legislation.gov.uk/id/ukpga/2012/21/section/79/notes" DocumentURI="http://www.legislation.gov.uk/ukpga/2012/21/section/79/notes"/><ukm:Alternatives><ukm:Alternative URI="http://www.legislation.gov.uk/ukpga/2012/21/pdfs/ukpgaen_20120021_en.pdf" Date="2013-01-17" Title="Explanatory Note" Size="1175217"/></ukm:Alternatives>       
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				</ukm:Metadata><Primary><Body DocumentURI="http://www.legislation.gov.uk/ukpga/2012/21/body/2016-07-03" IdURI="http://www.legislation.gov.uk/id/ukpga/2012/21/body" NumberOfProvisions="386" RestrictEndDate="2026-07-13" RestrictStartDate="2016-07-03" RestrictExtent="E+W+S+N.I."><Part DocumentURI="http://www.legislation.gov.uk/ukpga/2012/21/part/5/2016-07-03" IdURI="http://www.legislation.gov.uk/id/ukpga/2012/21/part/5" NumberOfProvisions="17" RestrictEndDate="2017-06-27" id="part-5" RestrictStartDate="2014-04-01" RestrictExtent="E+W+S+N.I."><Number><Strong>PART 5</Strong></Number><Title>Inquiries and investigations</Title><Pblock DocumentURI="http://www.legislation.gov.uk/ukpga/2012/21/part/5/crossheading/investigations/2016-07-03" IdURI="http://www.legislation.gov.uk/id/ukpga/2012/21/part/5/crossheading/investigations" NumberOfProvisions="10" RestrictStartDate="2014-03-01" id="part-5-crossheading-investigations"><Title><Emphasis>Investigations</Emphasis></Title><P1group RestrictStartDate="2014-03-01" RestrictExtent="E+W+S+N.I."><Title>Conclusion of investigation</Title><P1 DocumentURI="http://www.legislation.gov.uk/ukpga/2012/21/section/79/2016-07-03" IdURI="http://www.legislation.gov.uk/id/ukpga/2012/21/section/79" id="section-79"><Pnumber PuncAfter=""><CommentaryRef Ref="key-ede3ec4488336bd80b263d67615173d0"/>79</Pnumber><P1para><Text>On completion of an investigation required by section 73 <Substitution ChangeId="key-c1b7e0c70ae04e182a835998e7960be3-1473766171171" CommentaryRef="key-c1b7e0c70ae04e182a835998e7960be3">, 74 or 76A
                  </Substitution> or under section 77, the regulator must make a written report to the Treasury—</Text><P3 DocumentURI="http://www.legislation.gov.uk/ukpga/2012/21/section/79/a/2016-07-03" IdURI="http://www.legislation.gov.uk/id/ukpga/2012/21/section/79/a" id="section-79-a"><Pnumber>a</Pnumber><P3para><Text>setting out the result of the investigation,</Text></P3para></P3><P3 DocumentURI="http://www.legislation.gov.uk/ukpga/2012/21/section/79/b/2016-07-03" IdURI="http://www.legislation.gov.uk/id/ukpga/2012/21/section/79/b" id="section-79-b"><Pnumber>b</Pnumber><P3para><Text>setting out the lessons (if any) that the regulator considers that it should learn from the investigation, and</Text></P3para></P3><P3 DocumentURI="http://www.legislation.gov.uk/ukpga/2012/21/section/79/c/2016-07-03" IdURI="http://www.legislation.gov.uk/id/ukpga/2012/21/section/79/c" id="section-79-c"><Pnumber>c</Pnumber><P3para><Text>making such recommendations (if any) as the regulator considers appropriate.</Text></P3para></P3></P1para></P1></P1group></Pblock></Part></Body></Primary><Commentaries><Commentary id="key-ede3ec4488336bd80b263d67615173d0" Type="I"><Para><Text>S. 79 in force at 1.4.2013  by <Citation URI="http://www.legislation.gov.uk/id/uksi/2013/423" id="c5ezcq1z2-00854" Class="UnitedKingdomStatutoryInstrument" Year="2013" Number="423" Title="The Financial Services Act 2012 (Commencement No. 2) Order 2013">S.I. 2013/423</Citation>, <CitationSubRef id="c5ezcq1z2-00855" CitationRef="c5ezcq1z2-00854" URI="http://www.legislation.gov.uk/id/uksi/2013/423/article/3" SectionRef="article-3">art. 3</CitationSubRef>, <CitationSubRef id="c5ezcq1z2-00856" CitationRef="c5ezcq1z2-00854" URI="http://www.legislation.gov.uk/id/uksi/2013/423/schedule" SectionRef="schedule" Operative="true">Sch.</CitationSubRef></Text></Para></Commentary><Commentary id="key-c1b7e0c70ae04e182a835998e7960be3" Type="F"><Para><Text>Words in s. 79 substituted (1.3.2014) by <Citation URI="http://www.legislation.gov.uk/id/ukpga/2013/33" id="canpdsej2-00007" Class="UnitedKingdomPublicGeneralAct" Year="2013" Number="33" Title="Financial Services (Banking Reform) Act 2013">Financial Services (Banking Reform) Act 2013 (c. 33)</Citation>, <CitationSubRef id="canpdsej2-00008" CitationRef="canpdsej2-00007" URI="http://www.legislation.gov.uk/id/ukpga/2013/33/section/106/7" SectionRef="section-106-7" Operative="true">ss. 106(5)</CitationSubRef>, <CitationSubRef id="canpdsej2-00009" CitationRef="canpdsej2-00007" URI="http://www.legislation.gov.uk/id/ukpga/2013/33/section/148/5" SectionRef="section-148-5">148(5)</CitationSubRef>; <Citation URI="http://www.legislation.gov.uk/id/uksi/2014/377" id="canpdsej2-00010" Class="UnitedKingdomStatutoryInstrument" Year="2014" Number="377" Title="The Financial Services (Banking Reform) Act 2013 (Commencement No. 1) Order 2014">S.I. 2014/377</Citation>, <CitationSubRef id="canpdsej2-00011" CitationRef="canpdsej2-00010" URI="http://www.legislation.gov.uk/id/uksi/2014/377/article/2/1/a" SectionRef="article-2-1-a">art. 2(1)(a)</CitationSubRef>, <CitationSubRef id="canpdsej2-00012" CitationRef="canpdsej2-00010" URI="http://www.legislation.gov.uk/id/uksi/2014/377/schedule/part/1" SectionRef="schedule-part-1">Sch. Pt. 1</CitationSubRef></Text></Para></Commentary></Commentaries></Legislation>