SCHEDULES
SCHEDULE 8Functions of FCA under competition legislation
PART 1Amendments of Financial Services and Markets Act 2000
I17
1
Schedule 1ZA to FSMA 2000 (the Financial Conduct Authority) is amended as follows.
2
In paragraph 8 (arrangements for discharging functions), after sub-paragraph (4) insert—
5
In respect of the exercise of a function under Part 1 of the Competition Act 1998, the power in sub-paragraph (1) is subject to provision in rules made under section 51 of that Act by virtue of paragraph 1A of Schedule 9 to that Act.
3
In paragraph 23 (fees), after sub-paragraph (2) insert—
2A
The functions referred to in sub-paragraph (1)(a) include functions of the FCA under the Competition Act 1998 or the Enterprise Act 2002 as a result of Part 16A of this Act; but this sub-paragraph is not to be regarded as limiting the effect of the definition of “functions” in paragraph 1.