Statutory Instruments
2004 No 935
CONSUMER PROTECTION
The Enterprise Act 2002 (Part 8) (Designation of the Financial Services Authority as a Designated Enforcer) Order 2004
Made
24th March 2004
Laid before Parliament
29th March 2004
Coming into force
21st April 2004
Whereas the Secretary of State thinks that the Financial Services Authority has as one of its functions the protection of the collective interests of consumers and she is satisfied that it is independent;
Now therefore the Secretary of State, in exercise of her powers under sections 213 and 277 of the Enterprise Act 2002( 1 ) hereby makes the following Order:
Citation Commencement
1. This Order may be cited as the Enterprise Act 2002 (Part 8) (Designation of the Financial Services Authority as a Designated Enforcer) Order 2004 and shall come into force on 21st April 2004.
Designation of the Financial Services Authority
2. The Financial Services Authority is hereby designated under section 213(2) of the Enterprise Act 2002 as a designated enforcer in respect of all infringements.
3. The functions of the Financial Services Authority as a designated enforcer under Part 8 of the Enterprise Act 2002 shall be treated as functions conferred on the Authority under provisions of the Financial Services and Markets Act 2000( 2 ).
Gerry Sutcliffe,
Parliamentary Under-Secretary of State for Employment Relations, Competition and Consumers,
Department of Trade and Industry
24th March 2004