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Financial Services Act 2012

Financial Services Act 2012 Sch 6 para 11

Sch 6 para 11

(1) Paragraph 2 is amended as follows. (2) In the following places, for “Authority” substitute “ appropriate regulator ” (a) sub-paragraph (1)(b); (b) in the first place in sub-paragraph (3). (3) In sub-paragraph (3), after “transferred” insert “ certification ” . (4) In sub-paragraph (6)(c), for “, the Authority” substitute — (i) the PRA, if the transferee is a PRA-authorised person with a Part 4A permission or with permission under Schedule 4; (ii) the FCA, if the transferee is a person with a Part 4A permission or with permission under Schedule 4 but is not a PRA-authorised person.

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