SCHEDULES

SCHEDULE 18Further minor and consequential amendments

PART 1Amendments of FSMA 2000

I12

1

Section 33 (withdrawal of authorisation) is amended as follows.

2

In subsection (1)(a), for “Part IV permission” substitute “ Part 4A permission ”.

3

In subsection (2), for “Authority” substitute “ appropriate regulator ”.

4

After that subsection insert—

2A

In subsection (2) “the appropriate regulator” means—

a

in the case of a PRA-authorised person, the PRA, and

b

in any other case, the FCA.

5

In the heading, omit “by the Authority”.