Propose a change

Financial Services and Markets Act 2023

Write the words of this act the way you think they should read. Solon shows your change as a redline against the published text and pins it to that exact text, so it can never be applied to wording you did not see.

Change 1

What to do with it
As published

65 Power to amend enactments in consequence of rules

(1) FSMA 2000 is amended as follows. (2) After section 141A insert— Power to consequentially amend enactments 141B (1) The Treasury may by regulations make provision amending an enactment that is consequential on rules. (2) In this section— “enactment” includes— an enactment comprised in subordinate legislation, retained direct EU legislation, an enactment comprised in, or in an instrument made under, a Measure or Act of Senedd Cymru, an enactment comprised in, or in an instrument made under, an Act of the Scottish Parliament, and an enactment comprised in, or in an instrument made under, Northern Ireland legislation; “subordinate legislation” has the same meaning as in the Interpretation Act 1978 (see section 21 of that Act) but does not include rules of either regulator. (3) Omit section 144F (power to consequentially amend enactments). (4) In section 429 (Parliamentary control of statutory instruments), in subsection (2), in the list of sections beginning with “90B”— (a) insert at the appropriate place “141B,”; (b) omit “144F,”.

Your change, as a redline

65 Power to amend enactments in consequence of rules

(1) FSMA 2000 is amended as follows. (2) After section 141A insert— Power to consequentially amend enactments 141B (1) The Treasury may by regulations make provision amending an enactment that is consequential on rules. (2) In this section— “enactment” includes— an enactment comprised in subordinate legislation, retained direct EU legislation, an enactment comprised in, or in an instrument made under, a Measure or Act of Senedd Cymru, an enactment comprised in, or in an instrument made under, an Act of the Scottish Parliament, and an enactment comprised in, or in an instrument made under, Northern Ireland legislation; “subordinate legislation” has the same meaning as in the Interpretation Act 1978 (see section 21 of that Act) but does not include rules of either regulator. (3) Omit section 144F (power to consequentially amend enactments). (4) In section 429 (Parliamentary control of statutory instruments), in subsection (2), in the list of sections beginning with “90B”— (a) insert at the appropriate place “141B,”; (b) omit “144F,”.

One line that says what changes, such as "Halve the dog tax".

Who it helps, what it costs, what it fixes. It is what persuades people to support it.

A proposal here is not law. Support on Solon is evidence that people want the change; the official route says what it takes to make it law.

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Think it through

Ask what your change would do, who would gain and who would bear a cost, and where something like it is already law. The assistant reads your draft as it stands, cites the law and the studies it finds, and takes no side. What you file stays yours.

Questions to start with
Think it through
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