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Statutory Instruments

2010 No. 2480 (C. 120)

Financial Services

The Financial Services Act 2010 (Commencement No. 1 and Transitional Provision) Order 2010

Made

11th October 2010

The Treasury, in exercise of the powers conferred on them by section 26(3) and (4) of the Financial Services Act 2010( 1 ), make the following Order:

Citation and interpretation

1. β€”(1) This Order may be cited as the Financial Services Act 2010 (Commencement No. 1 and Transitional Provision) Order 2010.

(2) In this Orderβ€”

(a) β€œthe Act” means the Financial Services Act 2010; and

(b) β€œthe 2000 Act” means the Financial Services and Markets Act 2000( 2 ).

Provisions coming into force on 12 th October 2010

2. 12 th October 2010 is the day appointed for the coming into force of the following provisions of the Actβ€”

(a) section 2(2) to (4);

(b) section 13;

(c) section 14;

(d) section 17;

(e) section 24(1) and (2), in so far as relating to the provisions listed in paragraph (f); and

(f) paragraphs 21, 23, 24(3) and 33(2) of Schedule 2 to the Act.

Provisions coming into force on 1st April 2011

3. 1st April 2011 is the day appointed for the coming into force of those provisions of Schedule 1 to the Act (introduced by section 2(6)) relating to paragraphs 13, 15 and 16 of Schedule 1A to the 2000 Act.

Transitional provision relating to section 13 of the Act

4. The amendments made by section 13 of the Act (Publication of decision notices) shall not apply in relation to cases where a warning notice has been given by the Financial Services Authority under the 2000 Act before 12 th October 2010.

Michael Fabricant

Angela Watkinson

Two of the Lords Commissioners of Her Majesty’s Treasury

11th October 2010

Status: This is the original version (as it was originally made).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 Act 2010 (Commencement No. 1 and Transitional Provision) Order 2010 (2010/2480)

Displaying information

Status of this instrument

footnotecommentarytransitional and savingsin force statusrelated provisionsgeo extentinsert/omitsource countin force adj
Defined TermSection/ArticleIDScope of Application
the 2000 Actart. 1.the_2000_A_rtZyOlm
the Actart. 1.the_Act_rtbiPUg

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