PART 2

Financial services

The regulators

Regulatory principles: diversity
20
1
Section 3B of the Financial Services and Markets Act 2000 (regulatory principles to be applied by both regulators) is amended as follows.
2
In subsection (1)(f) after “persons” insert “(including different kinds of person such as mutual societies and other kinds of business organisation)”.
3
After subsection (3) insert—
3A
Mutual society” has the same meaning as in section 138K.
S. 20 in force at 6.7.2016 by S.I. 2016/627, reg. 2(1)(o)