Statutory Instruments
2016 No. 1023
Financial Services And Markets
The Financial Services (Banking Reform) Act 2013 (Consequential Amendments) (No. 2) Order 2016
Made
21st October 2016
Laid before Parliament
24th October 2016
Coming into force
21st November 2016
The Treasury, in exercise of the powers conferred by section 145 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 (Consequential Amendments) (No. 2) Order 2016 and comes into force on 21st November 2016.
Amendments to the Financial Services and Markets Act 2000 (Qualifying EU Provisions) Order 2013
2. In the Financial Services and Markets Act 2000 (Qualifying EU Provisions) Order 2013( 2 ), in article 2 (qualifying EU provisions: general)—
(a) in paragraph (1) for “66(2)(b)” substitute “66A(4)(b)”;
(b) in paragraph (5) for “66(2A)(b)” substitute “66B(4)(b)”;
(c) in paragraph (9) for “66(2A)” substitute “66B(4)(b)”; and
(d) in paragraph (10) for “66A(4)” substitute “66A(4)(b)”.
Amendments to the Financial Services and Markets Act 2000 (Qualifying EU Provisions) (No. 2) Order 2013
3. In the Financial Services and Markets Act 2000 (Qualifying EU Provisions) (No. 2) Order 2013( 3 )—
(a) in article 2(a) (qualifying EU provisions: credit ratings agencies regulation) for “66(2)(b)(ii)” substitute “66A(4)(b)”; and
(b) in article 3(a) (qualifying EU provisions: capital requirements instruments) for “66(2)(b)(ii), 66(2A)(b)(ii)” substitute “66A(4)(b), 66B(4)(b)”.
Guy Opperman
David Evennett
Two of the Lords Commissioners of Her Majesty’s Treasury
21st October 2016
S.I. 2013/419 . Article 2(9) was inserted by S.I. 2014/3348 . Article 2(10) was inserted by S.I. 2016/680 .