The Financial Services and Markets Act 2000 (Amendment) (EU Exit) Regulations 2019 No. 632

PART 2 Amendments to the Act

CHAPTER 13 Part 25 of the Act: injunctions and restitution

Section 382 (restitution orders)

71.—(1) Section 382(1) (restitution orders) is amended as follows.

(2) In subsection (9)(a)(i)(2), for “qualifying EU provision” substitute “qualifying provision”.

(3) In subsection (12)(3), for “qualifying EU provision” in both places substitute “qualifying provision”.

(1)

Section 382 was amended by section 37(1) of, and paragraph 1 of Part 1 and paragraphs 21(1), (2), (3), (4), (5)(a), (5)(b), (5)(c), (6), (7) of Part 5 of Schedule 9 to, the Financial Services Act 2012, section 141 of, and paragraphs 3(1), (3) of Schedule 10 to, the Financial Services (Banking Reform) Act 2013 and S.I. 2013/1773.

(2)

Subsection (9)(a)(i) was amended by S.I. 2013/1773.

(3)

Subsection (12) was inserted by section 37(1), and paragraph 1 of Part 1 and paragraphs 21(1) and (7) of Part 5 of Schedule 9 to, the Financial Services Act 2012.