Financial Services Act 2012

6(1)Section 344 (duty of auditor or actuary resigning to give notice) is amended as follows.U.K.

(2)In each place for “Authority” substitute “ appropriate regulator ”.

(3)In subsection (2)(a), after “authorised person” insert “ or recognised investment exchange ”.

(4)In subsection (3)(a), for “Authority's” substitute “regulator's”.

(5)After subsection (3) insert—

“(4)In this section “the appropriate regulator” means—

(a)in the case of an auditor of, or an actuary acting for, a PRA-authorised person, the PRA;

(b)in any other case, the FCA.”