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

66 Ambulatory references

(1) FSMA 2000 is amended as follows. (2) In section 137T (regulator rules: general supplementary powers), after paragraph (a) insert— (aa) may make provision for any reference in the rules to an enactment (including an enactment comprised in subordinate legislation) to be read as a reference to that enactment as it has effect from time to time, . (3) In section 428 (regulations and orders)— (a) in subsection (3) before paragraph (a) insert— (za) make provision by reference to any rules or other instruments as they have effect from time to time; ; (b) after subsection (3) insert— (4) In subsection (3)(za) “rules” includes rules made by the Bank of England under this Act.

Your change, as a redline

66 Ambulatory references

(1) FSMA 2000 is amended as follows. (2) In section 137T (regulator rules: general supplementary powers), after paragraph (a) insert— (aa) may make provision for any reference in the rules to an enactment (including an enactment comprised in subordinate legislation) to be read as a reference to that enactment as it has effect from time to time, . (3) In section 428 (regulations and orders)— (a) in subsection (3) before paragraph (a) insert— (za) make provision by reference to any rules or other instruments as they have effect from time to time; ; (b) after subsection (3) insert— (4) In subsection (3)(za) “rules” includes rules made by the Bank of England under this Act.

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
Legal information from the published text, not advice for your case. Check the sources. Find a law · What the register holds