12(1)Section 206 (financial penalties) is amended as follows.U.K.
(2)In subsection (1)—
(a)for “Authority” substitute “ appropriate regulator ”, and
(b)for the words from “a requirement” to “auctioning regulation” substitute “ a relevant requirement imposed on the person, ”.
(3)In subsection (3), for “Authority” substitute “ regulator that imposed the penalty ”.
Commencement Information
I1Sch. 9 para. 12 in force at 1.4.2013 by S.I. 2013/423, art. 3, Sch.