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Financial Services Act 2012

Financial Services Act 2012 Sch 9 para 29

Sch 9 para 29

(1) Section 390 (final notices) is amended as follows. (2) In subsection (1)— (a) for “the Authority”, in the first place, substitute “ a regulator ” , and (b) for “the Authority”, in the second place, substitute “ the regulator ” . (3) In subsection (2)— (a) for “the Authority”, in the first place, substitute “ a regulator ” , (b) for “the Authority”, in the second place, substitute “ the regulator ” , and (c) for “a final notice” substitute “ the notice required by subsection (2A) ” . (4) After that subsection insert— (2A) The notice required by this subsection is— (a) in a case where the regulator is acting in accordance with a direction given by the Tribunal under section 133(6)(b), or by the court on an appeal from a decision by the Tribunal under section 133(6), a further decision notice, and (b) in any other case, a final notice. (5) In subsections (9) and (10), for “the Authority” substitute “ the regulator giving the notice ” .

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