Source: http://www.legislation.gov.uk/ukpga/2013/33/schedule/3
Timestamp: 2017-10-19 09:40:04
Document Index: 189184655

Matched Legal Cases: ['art 4', 'art. 2', 'art. 2', 'art. 2', 'art. 2', 'art. 2', 'art. 2', 'art. 2', 'art. 2', 'art. 2', 'art. 2', 'art. 2', 'art. 2', 'art. 2', 'art. 2', 'art. 2', 'art. 2', 'art. 2', 'art. 2', 'art. 2', 'art. 2', 'art. 2']

There are currently no known outstanding effects for the Financial Services (Banking Reform) Act 2013, SCHEDULE 3.
SCHEDULE 3E+W+S+N.I.Consequential amendments relating to Part 4
1(1)Section 59 of FSMA 2000 (approval for particular arrangements) is amended as follows.E+W+S+N.I.
(2)In subsection (1), for the words from “the appropriate regulator” to the end substitute “ that person is acting in accordance with an approval given by the appropriate regulator under this section. ”
(3)In subsection (2), for the words from “the appropriate regulator” to the end substitute “ that person is acting in accordance with an approval given by the appropriate regulator under this section. ”
I1Sch. 3 para. 1 in force at 7.3.2016 by S.I. 2015/490, art. 2(1)(b) (with savings and transitional provisions in S.I. 2015/492 (as amended by S.I. 2015/1660))
I2Sch. 3 para. 2 in force at 25.7.2014 for specified purposes by S.I. 2014/1819, art. 2(4)(a)
I3Sch. 3 para. 2 in force at 7.3.2016 in so far as not already in force by S.I. 2015/490, art. 2(1)(b) (with savings and transitional provisions in S.I. 2015/492 (as amended by S.I. 2015/1660))
3(1)Section 63 of FSMA 2000 (withdrawal of approval) is amended as follows.E+W+S+N.I.
I4Sch. 3 para. 3 in force at 7.3.2016 by S.I. 2015/490, art. 2(1)(b) (with savings and transitional provisions in S.I. 2015/492 (as amended by S.I. 2015/1660))
4In section 63A of FSMA 2000 (power to impose penalties), in subsection (2), for paragraph (b) substitute—E+W+S+N.I.
I5Sch. 3 para. 4 in force at 7.3.2016 by S.I. 2015/490, art. 2(1)(b) (with savings and transitional provisions in S.I. 2015/492 (as amended by S.I. 2015/1660))
I6Sch. 3 para. 5 in force at 7.3.2016 by S.I. 2015/490, art. 2(1)(b) (with savings and transitional provisions in S.I. 2015/492 (as amended by S.I. 2015/1660))
6(1)Section 67 of FSMA 2000 (disciplinary measures: procedure and right to refer to Tribunal) is amended as follows.E+W+S+N.I.
(2)In subsection (1), for “or (ab)” substitute “ , (ab) or (ac) ”.
(3)In subsection (2A), for “restriction” (in both places) substitute “ condition ”.
(5)In subsection (4), for “or (ab)” substitute “ , (ab) or (ac) ”.
(6)In subsection (5A), for “restriction” (in both places) substitute “ condition ”.
(8)In subsection (7), for “or (ab)” substitute “ , (ab) or (ac) ”.
I7Sch. 3 para. 6 in force at 7.3.2016 by S.I. 2015/490, art. 2(1)(b) (with savings and transitional provisions in S.I. 2015/492 (as amended by S.I. 2015/1660))
7In section 69 of FSMA 2000 (statement of policy), in subsection (1)—E+W+S+N.I.
(a)in paragraph (a), for “or restrictions” substitute “ , conditions or limitations ”;
(c)in paragraph (c), for “restrictions” substitute “ conditions ”;
I8Sch. 3 para. 7 in force at 25.7.2014 by S.I. 2014/1819, art. 2(4)(b)
I9Sch. 3 para. 8 in force at 25.7.2014 by S.I. 2014/1819, art. 2(4)(b)
9In section 138D of FSMA 2000 (actions for damages), in subsection (5), before paragraph (a) insert—E+W+S+N.I.
I10Sch. 3 para. 9 in force at 25.7.2014 by S.I. 2014/1819, art. 2(4)(b)
I11Sch. 3 para. 10 in force at 7.3.2016 by S.I. 2015/490, art. 2(1)(b) (with savings and transitional provisions in S.I. 2015/492 (as amended by S.I. 2015/1660))
11In section 347 of FSMA 2000 (the record of authorised persons etc.), in subsection (2)(g), in sub-paragraphs (ii) and (iii), for “relevant authorised person” substitute “ authorised person concerned ”.E+W+S+N.I.
I12Sch. 3 para. 11 in force at 7.3.2016 by S.I. 2015/490, art. 2(1)(b) (with savings and transitional provisions in S.I. 2015/492 (as amended by S.I. 2015/1660))
12In section 387 of FSMA 2000 (warning notices), in subsection (1A), for “or 55I(8)” substitute “ , 55I(8) or 61(2D) ”.E+W+S+N.I.
I13Sch. 3 para. 12 in force at 7.3.2016 by S.I. 2015/490, art. 2(1)(b) (with savings and transitional provisions in S.I. 2015/492 (as amended by S.I. 2015/1660))
13In section 388 of FSMA 2000 (decision notices), in subsection (1A), for “or 55I(8)” substitute “ , 55I(8) or 61(2D) ”.E+W+S+N.I.
I14Sch. 3 para. 13 in force at 7.3.2016 by S.I. 2015/490, art. 2(1)(b) (with savings and transitional provisions in S.I. 2015/492 (as amended by S.I. 2015/1660))
14In section 395 of FSMA 2000 (supervisory notices), in subsection (13), after paragraph (a) insert—E+W+S+N.I.
I15Sch. 3 para. 14 in force at 7.3.2016 by S.I. 2015/490, art. 2(1)(b) (with savings and transitional provisions in S.I. 2015/492 (as amended by S.I. 2015/1660))
15(1)Section 415B of FSMA 2000 (consultation in relation to taking certain enforcement action) is amended as follows.E+W+S+N.I.
(a)in paragraph (b), for “significant-influence” substitute “ relevant senior management ”, and
I16Sch. 3 para. 15 in force at 7.3.2016 by S.I. 2015/490, art. 2(1)(b) (with savings and transitional provisions in S.I. 2015/492 (as amended by S.I. 2015/1660))
16In Schedule 1ZA to FSMA 2000 (the Financial Conduct Authority), in paragraph 8(3)—E+W+S+N.I.
(i)after “section” insert “ 63ZD, ”, and
I17Sch. 3 para. 16(a)(b)(ii) in force at 7.3.2016 by S.I. 2015/490, art. 2(1)(b) (with savings and transitional provisions in S.I. 2015/492 (as amended by S.I. 2015/1660))
I18Sch. 3 para. 16(b)(i) in force at 25.7.2014 by S.I. 2014/1819, art. 2(4)(b)
F1Sch. 3 para. 17 repealed (1.3.2017) by Bank of England and Financial Services Act 2016 (c. 14), s. 41(3), Sch. 2 para. 68 (with Sch. 3); S.I. 2017/43, reg. 2(g)
Financial Services Act 2012E+W+S+N.I.
18In section 14 of the Financial Services Act 2012, omit subsection (4).E+W+S+N.I.
I19Sch. 3 para. 18 in force at 7.3.2016 by S.I. 2015/490, art. 2(1)(b) (with savings and transitional provisions in S.I. 2015/492 (as amended by S.I. 2015/1660))
19(1)Section 85 of the Financial Services Act 2012 (relevant functions in relation to complaints scheme) is amended as follows.E+W+S+N.I.
I20Sch. 3 para. 19(1)(2)(a)(b)(ii)(3)(a)(b)(ii) in force at 7.3.2016 by S.I. 2015/490, art. 2(1)(b) (with savings and transitional provisions in S.I. 2015/492 (as amended by S.I. 2015/1660))
I21Sch. 3 para. 19(2)(b)(i)(3)(b)(i) in force at 25.7.2014 by S.I. 2014/1819, art. 2(4)(b)