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
68 Power under FSMA 2000 to make transitional provisions
(1) FSMA 2000 is amended as follows. (2) In section 427 (transitional provisions)— (a) in subsection (2)(a) to (c), for “the Authority”, in each place, substitute “a regulator”; (b) in subsection (2)(f), for “the Authority’s” substitute “the FCA’s”; (c) in subsection (3)(a), for “the Authority” substitute “a regulator”. (3) In Schedule 17A, after paragraph 31A (inserted by section 50), insert— Transitional provisions 31B Section 427 (transitional provisions), so far as it relates to an order under section 426 which makes provision in connection with this Part of this Act, applies in relation to the Bank.
68 Power under FSMA 2000 to make transitional provisions
(1) FSMA 2000 is amended as follows. (2) In section 427 (transitional provisions)— (a) in subsection (2)(a) to (c), for “the Authority”, in each place, substitute “a regulator”; (b) in subsection (2)(f), for “the Authority’s” substitute “the FCA’s”; (c) in subsection (3)(a), for “the Authority” substitute “a regulator”. (3) In Schedule 17A, after paragraph 31A (inserted by section 50), insert— Transitional provisions 31B Section 427 (transitional provisions), so far as it relates to an order under section 426 which makes provision in connection with this Part of this Act, applies in relation to the Bank.
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.
Sign in to file your proposal. What you have written stays on this page.
Sign in to file itThink 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.