This section has no associated Explanatory Notes
66(1)Section 162 (duty to report on completion of default proceedings) is amended as follows.U.K.
(2)In subsections (1) and (1A), for “Authority” substitute “ appropriate regulator ”.
(3)In subsection (4), for “Authority” substitute “ appropriate regulator ”.
(4)At the end insert—
“(7)The appropriate regulator”—
(a)in relation to a recognised investment exchange or a recognised overseas investment exchange, means the FCA, and
(b)in relation to a recognised clearing house or a recognised overseas clearing house, means the Bank of England.”
Commencement Information
I1Sch. 18 para. 66 in force at 1.4.2013 by S.I. 2013/423, art. 3, Sch.