Financial Services Act 2012

This section has no associated Explanatory Notes

55(1)Section 232 (definition) is amended as follows.U.K.

(2)In subsections (2) and (6)(a), for “Part 4” substitute “ Part 4A ”.

(3)In subsection (5B), in the definition of “rules”, for “section 139(1)” substitute “ section 137B(1) ”.

(4)After subsection (6) insert—

(7)The Treasury may by order amend the definition of “investment activity” in subsection (5B), including by defining that term by reference to rules or guidance made by the PRA or the FCA under the Financial Services and Markets Act 2000.

Commencement Information

I1Sch. 17 para. 55 in force at 1.4.2013 by S.I. 2013/423, art. 3, Sch.