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Statutory Instruments

2014 No. 378

Financial Services And Markets

The Financial Services (Banking Reform) Act 2013 (Transitional Provision) Order 2014

Made

19th February 2014

Laid before Parliament

24th February 2014

Coming into force

1st April 2014

The Treasury, in exercise of the powers conferred by section 146(1) of the Financial Services (Banking Reform) Act 2013( 1 ), make the following Order:

Citation and commencement

1. This Order may be cited as the Financial Services (Banking Reform) Act 2013 (Transitional Provision) Order 2014, and comes into force on 1st April 2014.

The Scheme Manager of the Financial Services Compensation Scheme

2. —(1) Paragraph (2) applies in relation to the person who, immediately before 1st April 2014, was appointed to be the chief executive of the scheme manager of the Financial Services Compensation Scheme.

(2) That person is to be treated as if appointed with the approval of the Treasury in accordance with section 212(4) of the Financial Services and Markets Act 2000( 2 ).

Stephen Crabb

Sam Gyimah

Two of the Lords Commissioners of Her Majesty’s Treasury

19th February 2014

( 1 )

2013 c. 33 .

( 2 )

Section 212(4) was amended by the Financial Services (Banking Reform) Act 2013, section 16.

Status: This is the original version (as it was originally made).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 (Banking Reform) Act 2013 (Transitional Provision) Order 2014 (2014/378)

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