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Statutory Instruments

1993 No. 1826

FINANCIAL SERVICES

The Financial Services (Disclosure of Information) (Designated Authorities) (No. 7) Order 1993

Made

21st July 1993

Laid before Parliament

26th July 1993

Coming into force

16th August 1993

The Secretary of State, in exercise of the powers conferred on him by section 180(3) and (4) of the Financial Services Act 1986( 1 ), section 449(1B) and (1C) of the Companies Act 1985( 2 ) and section 87(5) of the Companies Act 1989( 3 ), hereby makes the following Order:

Citation and Commencement

1. This Order may be cited as the Financial Services (Disclosure of Information) (Designated Authorities) (No.7) Order 1993 and shall come into force on 16th August 1993.

Designation of authorities and specification of functions

2. For the purposes of section 180(3) of the Financial Services Act 1986 and section 449(1B) of the Companies Act 1985, a person authorised by the Secretary of State under section 245C( 4 ) of the Companies Act 1985 is designated as an authority in relation to that person’s functions relating to the securing of compliance by companies with the accounting requirements of the Companies Act 1985.

3. In the Companies Act 1989, in section 87, in the Table of relevant authorities and functions contained in subsection (4), the following shall be inserted at the end:—

“ A person authorised by the Secretary of State under sections 245C of the Companies Act 1985. Functions relating to the securing of compliance by companies with the accounting requirements of that Act ” .

N. Hamilton

Parliamentary Under Secretary of State,

Department of Trade and Industry

21st July 1993

( 1 )

1986 c. 60 .

( 2 )

1985 c. 6 ; subsections (1B) and (1C) of section 449 of the Companies Act 1985 were inserted by section 182 of and paragraph 9 of Schedule 13 to, the Financial Services Act 1986 and subsection (1B) was amended by section 65 of the Companies Act 1989.

( 3 )

1989 c. 40 .

( 4 )

Section 245C of the Companies Act 1985 was inserted by section 12 of the Companies Act 1989. One Order (S.I. 1991/13 ) has been made under section 245C of the Companies Act 1985.

Status: This is the original version (as it was originally made). This item of legislation is currently only available in its original format.
The Financial Services (Disclosure of Information) (Designated Authorities) (No. 7) Order 1993 (1993/1826)

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