SCHEDULES

SCHEDULE 10Minor amendments

Financial Services and Markets Act 2000

I14

1

In Schedule 1ZA to FSMA 2000 (the Financial Conduct Authority), paragraph 20 (penalties) is amended as follows.

2

In sub-paragraph (3)(b), after “this Act” insert “ or under a provision mentioned in sub-paragraph (4A) ”.

3

In sub-paragraph (4), after paragraph (c) insert—

ca

its powers under the relevant competition provisions (as applied by Part 16A of this Act),

4

After sub-paragraph (4) insert—

4A

The relevant competition provisions” are—

a

section 31E of the Competition Act 1998 (enforcement of commitments);

b

section 34 of that Act (enforcement of directions);

c

section 36 of that Act (penalties);

d

section 40A of that Act (penalties: failure to comply with requirements);

e

section 174A of the Enterprise Act 2002 (penalties).

5

In sub-paragraph (5)—

a

in paragraph (a), for “FSMA 2000” substitute “ this Act ”,

b

in paragraph (b), for “that Act” substitute “ this Act ”,

c

in paragraph (c), omit “of that Act”, and

d

after paragraph (c) insert—

ca

offences under Part 1 of the Competition Act 1998,

cb

offences under Part 4 of the Enterprise Act 2002,