The Financial Services and Markets Act 2000 (Commencement of Mortgage Regulation) (Amendment) Order 2002

• Citation: S.I. 2002/1777
• Sections: 7

Section 1 Citation and commencement

This Order may be cited as the Financial Services and Markets Act 2000 (Commencement of Mortgage Regulation) (Amendment) Order 2002, and comes into force on 30th August 2002.

Section 2 Amendment of commencement of provisions relating to regulated mortgage contracts in S.I. 2001/544

(1) Article 2 of the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001 (commencement) is amended as follows.

(2) In paragraph (2)(b), for “nine months after section 19 of the Act comes into force” substitute “on such a day as the Treasury may specify”.

(3) After paragraph (2) insert—

(3) Any day specified under paragraph (2)(b) must be caused to be notified in the London, Edinburgh and Belfast Gazettes published not later than one week before that day.

Section 3 Amendment of commencement of article relating to regulated mortgage contracts in S.I. 2001/1227

(1) Article 1 of the Financial Services and Markets Act 2000 (Professions) (Non-Exempt Activities) Order 2001 (citation and commencement) is amended as follows.

(2) In paragraph (3)(b) , for “nine months after the day on which section 19 of the Act comes into force” substitute “on such a day as the Treasury may specify”.

(3) After paragraph (3) insert—

(4) Any day specified under paragraph (3)(b) must be caused to be notified in the London, Edinburgh and Belfast Gazettes published not later than one week before that day.

Section 4 Amendment of commencement of provisions relating to regulated mortgage contracts in S.I. 2001/1335

(1) Article 1 of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2001 (citation and commencement) is amended as follows.

(2) In paragraph (3)(b), for “nine months after section 19 of the Act comes into force” substitute “on such a day as the Treasury may specify”.

(3) After paragraph (3) insert—

(4) Any day specified under paragraph (3)(b) must be caused to be notified in the London, Edinburgh and Belfast Gazettes published not later than one week before that day.

Section 5 Amendment of commencement of article relating to regulated mortgage contracts in S.I. 2001/3544

(1) Article 1 of the Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) Order 2001 (citation and commencement) is amended as follows.

(2) The existing text is renumbered as paragraph (1).

(3) In paragraph (1)(b), for “on 1st September 2002” substitute “on such a day as the Treasury may specify”.

(4) After paragraph (1) insert—

(2) Any day specified under paragraph (1)(b) must be caused to be notified in the London, Edinburgh and Belfast Gazettes published not later than one week before that day.

Section 6 Amendment of commencement of provisions relating to regulated mortgage contracts in S.I. 2001/3645

(1) Article 1 of the Financial Services and Markets Act 2000 (Misleading Statements and Practices) Order 2001 (citation and commencement) is amended as follows.

(2) In paragraph (2)(b), for “on 1st September 2002” substitute “on such a day as the Treasury may specify”.

(3) After paragraph (2) insert—

(3) Any day specified under paragraph (2)(b) must be caused to be notified in the London, Edinburgh and Belfast Gazettes published not later than one week before that day.

Section 7 Amendment of commencement of article relating to regulated mortgage contracts in S.I. 2001/3650

(1) Article 1 of the Financial Services and Markets Act 2000 (Miscellaneous Provisions) Order 2001 (citation and commencement) is amended as follows.

(2) The existing text is renumbered as paragraph (1).

(3) In paragraph (1)(b), for “on 1st September 2002” substitute “on such a day as the Treasury may specify”.

(4) After paragraph (1) insert—

(2) Any day specified under paragraph (1)(b) must be caused to be notified in the London, Edinburgh and Belfast Gazettes published not later than one week before that day.