SCHEDULE 2Amendments of subordinate legislation

The Financial Services and Markets Act 2000 (Transitional Provisions) (Ombudsman Scheme and Complaints Scheme) Order 2001

49.  In the Financial Services and Markets Act 2000 (Transitional Provisions) (Ombudsman Scheme and Complaints Scheme) Order 2001(1)—

(a)in article 15 (record-keeping and reporting requirements relating to relevant complaints), for “Authority” substitute “Financial Conduct Authority”;

(b)in article 18 (transitional complaints against the Authority etc)—

(i)in paragraph (1)—

(aa)for “The Authority” substitute “The Financial Conduct Authority or the Prudential Regulation Authority”;

(bb)for “the Authority” substitute “the Financial Services Authority”;

(ii)in paragraph (2)—

(aa)for “Authority” in the first two places substitute “Financial Conduct Authority or the Prudential Regulation Authority”;

(bb)for “sub-paragraphs (2) to (14) of paragraph 7 of Schedule 1” substitute “sections 84 to 86 of the Financial Services Act 2012”;

(cc)for “paragraph 7(1)(a) of Schedule 1” substitute “section 84(1)(a) of that Act”;

(dd)for “paragraph 7(1)(b) of that Schedule” in both places those words appear substitute “section 84(1)(b) of that Act”;

(ee)for “paragraph 8 of that Schedule” substitute “section 87 of that Act”;

(ff)for “the investigator appointed by the Authority in accordance with paragraph 7 of Schedule 1 to the Act” substitute “the investigator appointed under section 84 of the Financial Services Act 2012”;

(iii)omit paragraph (3).