Schedule 8 - Sections 26 to 31: minor and consequential amendments

Part of Financial Services Bill – in a Public Bill Committee at 9:30 am on 15th March 2012.

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Photo of Mark Hoban Mark Hoban The Financial Secretary to the Treasury 9:30 am, 15th March 2012

I beg to move amendment 103, page 218, line 31 [Schedule 8], leave out paragraph 3 and insert—

‘3 (1) Section 287 (application by an investment exchange) is amended as follows.

(2) In subsections (1) and (2) for “the Authority”, in each place, substitute “the FCA”.

(3) In subsection (3)—

(a) in paragraph (a), after “provision” insert “by another person”,

(b) in paragraph (b), for “clearing services” substitute “services falling within section 285(2)(b)”, and

(c) in paragraphs (d) and (e), for “the Authority” substitute “the FCA”.’.