15.—(1) Schedule 7 to the Counter-Terrorism Act 2008 (terrorist financing and money laundering) M1 is amended as follows.

(2) In Part 5 (enforcement: information powers)—

(a)in paragraph 18—

(i)at the end of paragraph (b) of sub-paragraph (1) omit “or”;

(ii)omit paragraph (c) of sub-paragraph (1);

(iii)in sub-paragraph (2), omit paragraph (c);

(b)in paragraphs 18(3)(b), 23(1)(b) and 24 for “OFT” in each place substitute “ FCA ”.

(3) In Part 6 (enforcement: civil penalties), in paragraphs 27(1) and 28(1) in each place omit “or the OFT”.

(4) In Part 7 (enforcement: offences), in paragraph 33—

(a)omit paragraph (c) of sub-paragraph (1);

(b)omit paragraph (c) of sub-paragraph (2).

(5) In Part 8 (supplementary and general)—

(a)in paragraph 39(2)—

(i)in paragraph (a)(ii) omit “and consumer credit financial institutions”;

(ii)omit paragraph (b);

(b)in paragraph 45(1), omit the definition of “consumer credit financial institution”;

(c)in paragraph 46, omit the entry for “consumer credit financial institution”.