53. In the Financial Services and Markets Act 2000 (Transitional Provisions) (Controllers) Order 2001(1)—
(a)in article 2(1) (interpretation), after the definition of “the Act” insert—
““the Authority” means the Financial Services Authority;”;
(b)in article 12(1) (objection to existing controller: no action taken before commencement), for “Authority” substitute “Financial Conduct Authority or the Prudential Regulation Authority”;
(c)in article 13 (improperly acquired shares)—
(i)in paragraph (3)—
(aa)for “Authority” in the first place it appears substitute “Financial Services Authority”;
(bb)for “Authority” in the second place it appears substitute “Financial Conduct Authority or the Prudential Regulation Authority”;
(ii)in paragraph (4)—
(aa)for “Authority” in the first place it appears substitute “Financial Services Authority”;
(bb)for “Authority” in the second place it appears substitute “Financial Conduct Authority or the Prudential Regulation Authority”;
(d)in article 14 (notification on becoming aware of acquisition), for “Authority” substitute “Financial Services Authority, the Financial Conduct Authority or the Prudential Regulation Authority”.