4(1)In Schedule 1ZA to FSMA 2000 (the Financial Conduct Authority), paragraph 20 (penalties) is amended as follows.U.K.
(2)In sub-paragraph (3)(b), after “this Act” insert “ or under a provision mentioned in sub-paragraph (4A) ”.
(3)In sub-paragraph (4), after paragraph (c) insert—
“(ca)its powers under the relevant competition provisions (as applied by Part 16A of this Act),”.
(4)After sub-paragraph (4) insert—
“(4A)The relevant competition provisions” are—
(a)section 31E of the Competition Act 1998 (enforcement of commitments);
(b)section 34 of that Act (enforcement of directions);
(c)section 36 of that Act (penalties);
(d)section 40A of that Act (penalties: failure to comply with requirements);
(e)section 174A of the Enterprise Act 2002 (penalties).”
(5)In sub-paragraph (5)—
(a)in paragraph (a), for “FSMA 2000” substitute “ this Act ”,
(b)in paragraph (b), for “that Act” substitute “ this Act ”,
(c)in paragraph (c), omit “of that Act”, and
(d)after paragraph (c) insert—
“(ca)offences under Part 1 of the Competition Act 1998,
(cb)offences under Part 4 of the Enterprise Act 2002,”.
Commencement Information
I1Sch. 10 para. 4 in force at 1.3.2014 by S.I. 2014/377, art. 2(1)(a), Sch. Pt. 1