The order-making powerU.K.
25(1)An order under section 22(1) [F1[F2or (1A)]] [F1to (1B)] may—U.K.
(a)provide for exemptions;
(b)confer powers on the Treasury or [F3either regulator];
(c)authorise the making of regulations or other instruments by the Treasury for purposes of, or connected with, any relevant provision;
(d)authorise the making of rules or other instruments by [F3either regulator] for purposes of, or connected with, any relevant provision;
(e)make provision in respect of any information or document which, in the opinion of the Treasury or [F3either regulator], is relevant for purposes of, or connected with, any relevant provision;
(f)make such consequential, transitional or supplemental provision as the Treasury consider appropriate for purposes of, or connected with, any relevant provision [F4, including provision which applies (with or without modification) provision in this Act or other primary or subordinate legislation that relates to investment activity or financial services to a regulated activity that does not relate to investment activity or financial services].
(2)Provision made as a result of sub-paragraph (1)(f) may amend any primary or subordinate legislation, including any provision of, or made under, this Act.
(3)“Relevant provision” means any provision—
(a)of section 22 or this Schedule; or
(b)made under that section or this Schedule.
Textual Amendments
F1Words in Sch. 2 para. 25(1) substituted (E.W.S.) (6.10.2018) by Financial Guidance and Claims Act 2018 (c. 10), ss. 27(13)(a)(i), 37(5); S.I. 2018/1045, reg. 2(a)
F2Words in Sch. 2 para. 25(1) inserted (24.1.2013) by Financial Services Act 2012 (c. 21), ss. 8(2)(a), 122(3) (with Sch. 20); S.I. 2013/113, art. 2(1)(a), Sch. Pt. 1
F3Words in Sch. 2 para. 25(1) substituted (24.1.2013) by Financial Services Act 2012 (c. 21), ss. 8(2)(b), 122(3) (with Sch. 20); S.I. 2013/113, art. 2(1)(a), Sch. Pt. 1
F4Words in Sch. 2 para. 25(1)(f) inserted (E.W.S.) (6.10.2018) by Financial Guidance and Claims Act 2018 (c. 10), ss. 27(13)(a)(ii), 37(5); S.I. 2018/1045, reg. 2(a)