Sch 5 para 8
In section 63A (performance of controlled functions without approval: power to impose penalties)— (a) for “Authority”, in each place, substitute “ appropriate regulator ” , (b) after subsection (5) insert— (5A) The appropriate regulator”— (a) in relation to a controlled function which is of a description specified in rules made by the FCA, means the FCA, and (b) in relation to a controlled function which is of a description specified in rules made by the PRA, means the PRA. (c) in subsection (6), after “Any” insert “ other ” .