Statutory Instruments
2015 No. 2055 (C. 128)
Banks And Banking
The Financial Services (Banking Reform) Act 2013 (Commencement No. 9) (Amendment) Order 2015
Made
16th December 2015
The Treasury make the following Order in exercise of the powers conferred by section 148(5) of the Financial Services (Banking Reform) Act 2013( 1 ):
Citation
1. This Order may be cited as the Financial Services (Banking Reform) Act 2013 (Commencement No. 9) (Amendment) Order 2015.
Amendments to the Financial Services (Banking Reform) Act 2013 (Commencement No. 9) Order 2015
2. —(1) Article 2(1) of the Financial Services (Banking Reform) Act 2013 (Commencement No. 9) Order 2015( 2 ) is amended as follows.
(2) In sub-paragraph (b)—
(a) for “30” substitute “30(1) and (2)”; and
(b) at the end of that sub-paragraph omit “and”.
(3) In sub-paragraph (c) for “32” substitute “32(1)”.
(4) After sub-paragraph (c) insert—
“ ; and
(d) section 30(3) for the purpose of inserting sections 64A and 64B(1) to (4), (6) and (7) into FSMA so far as those provisions are not already in force; and
(e) section 32(2) for the purpose of inserting the following provisions into FSMA—
(i) subsection (1) of section 66A so far as that subsection applies to Conditions A and B;
(ii) subsections (2) to (4), (8) and (9) of section 66A;
(iii) subsection (1) of section 66B so far as that subsection applies to Conditions A and B; and
(iv) subsections (2) to (4), (8) and (9) of section 66B. ” .
David Evennett
Mel Stride
Two of the Lords Commissioners of Her Majesty’s Treasury
16th December 2015