This section has no associated Explanatory Notes
7(1)Section 6 (code of practice: procedure) is amended as follows.U.K.
(2)Omit subsections (1) and (2).
(3)For subsection (4) substitute—
“(4)Before re-issuing the code of practice the Treasury must consult—
(a)the PRA,
(b)the FCA,
(c)the Bank of England, and
(d)the scheme manager of the Financial Services Compensation Scheme (established under Part 15 of the Financial Services and Markets Act 2000).
(5)As soon as is reasonably practicable after re-issuing the code of practice the Treasury shall lay a copy before Parliament.”
Commencement Information
I1Sch. 17 para. 7 in force at 1.4.2013 by S.I. 2013/423, art. 3, Sch.