The Financial Services and Markets Act 2023 (Commencement No. 4 and Transitional and Saving Provisions) (Amendment) Regulations 2023
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9 Provisions coming into force on 1st January 2024
(1) The following provisions of the Act come into force on 1st January 2024— (a) section 21 (sustainability disclosure requirements); (b) section 33 (effect of rules etc on international trade obligations); (c) section 70(1), (3) and (4) (Bank of England levy) for the following purposes— (i) enabling the Bank to determine the day on which a levy year begins under paragraph 3(1) of Schedule 2ZA; (ii) enabling the Treasury to make regulations under paragraphs 5 and 10(4) of Schedule 2ZA; (d) in Schedule 7 (accountability of the Payment Systems Regulator)— (i) paragraph 1, so far as it relates to the provisions in paragraphs (ii) and (iii) below; (ii) paragraph 2, so far as it is not already in force; (iii) paragraph 8 (international trade obligations). (2) In this regulation— (a) “levy year” has the meaning given in paragraph 3 of Schedule 2ZA; (b) “Schedule 2ZA” means Schedule 2ZA to the Bank of England Act 1998 (as inserted by section 70(4) of the Act).
9 Provisions coming into force on 1st January 2024
(1) The following provisions of the Act come into force on 1st January 2024— (a) section 21 (sustainability disclosure requirements); (b) section 33 (effect of rules etc on international trade obligations); (c) section 70(1), (3) and (4) (Bank of England levy) for the following purposes— (i) enabling the Bank to determine the day on which a levy year begins under paragraph 3(1) of Schedule 2ZA; (ii) enabling the Treasury to make regulations under paragraphs 5 and 10(4) of Schedule 2ZA; (d) in Schedule 7 (accountability of the Payment Systems Regulator)— (i) paragraph 1, so far as it relates to the provisions in paragraphs (ii) and (iii) below; (ii) paragraph 2, so far as it is not already in force; (iii) paragraph 8 (international trade obligations). (2) In this regulation— (a) “levy year” has the meaning given in paragraph 3 of Schedule 2ZA; (b) “Schedule 2ZA” means Schedule 2ZA to the Bank of England Act 1998 (as inserted by section 70(4) of the Act).
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