Financial Services (Banking Reform) Act 2013

146Transitional provisions and savingsU.K.

This section has no associated Explanatory Notes

(1)The Treasury, the Secretary of State or the Lord Chancellor may by order make such provision as the person making the order considers necessary or expedient for transitory, transitional or saving purposes in connection with the commencement of any provision made by or under this Act.

(2)An order under this section may—

(a)confer functions on the FCA or the PRA;

(b)modify, exclude or apply (with or without modifications) any enactment (including any provision of, or made under, this Act).