Financial Services Act 2012

This section has no associated Explanatory Notes

13(1)Section 295 (notification: overseas investment exchanges and overseas clearing houses) is amended as follows.U.K.

(2)In subsection (1), for “the Authority” substitute “ the appropriate regulator ”.

(3)In subsection (2), for the words from “likely” to the end substitute “ likely to affect the appropriate regulator's assessment of whether it is satisfied as to the requirements set out in section 292(3) ”.

(4)In subsection (3), for “the Authority” substitute “ the appropriate regulator ”.

(5)Omit subsection (4).

Commencement Information

I1Sch. 8 para. 13 in force at 24.1.2013 for specified purposes by S.I. 2013/113, art. 2(1)(c), Sch. Pt. 3

I2Sch. 8 para. 13 in force at 1.4.2013 in so far as not already in force by S.I. 2013/423, art. 3, Sch.