Financial Services Act 2012

This section has no associated Explanatory Notes

37(1)Section 197 (procedure on exercise of power of intervention) is amended as follows.U.K.

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

(3)In subsection (3), for “the Authority” substitute “ a regulator ”.

(4)In subsection (4)—

(a)in paragraph (c), for “Authority's” substitute “regulator's”, and

(b)in paragraph (d), for “Authority” substitute “ regulator ”.

(5)In subsections (5) to (7), for “Authority”, in each place, substitute “ regulator ”.

Commencement Information

I1Sch. 4 para. 37 in force at 27.2.2013 for specified purposes by S.I. 2013/423, art. 2

I2Sch. 4 para. 37 in force at 1.4.2013 in so far as not already in force by S.I. 2013/423, art. 3, Sch.