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
As published
69 Cryptoassets
(1) FSMA 2000 is amended as follows.
(2) In section 21 (restrictions on financial promotion), in subsection (14) at end insert “(including where an asset, right or interest is, or comprises or represents, a cryptoasset)”.
(3) In section 22 (regulated activities), in subsection (4) at end insert “(including where an asset, right or interest is, or comprises or represents, a cryptoasset)”.
(4) In section 417 (definitions)—
(a) in subsection (1), insert at the appropriate place—
“cryptoasset” means any cryptographically secured digital representation of value or contractual rights that—
can be transferred, stored or traded electronically, and
that uses technology supporting the recording or storage of data (which may include distributed ledger technology).
;
(b) at end insert—
(5) The Treasury may by regulations amend the definition of “cryptoasset” in subsection (1).
(5) In section 429 (Parliamentary control of statutory instruments), in subsection (2) leave out “or 333T” and insert “, 333T or 417(5)”.
Your change, as a redline
69 Cryptoassets
(1) FSMA 2000 is amended as follows.
(2) In section 21 (restrictions on financial promotion), in subsection (14) at end insert “(including where an asset, right or interest is, or comprises or represents, a cryptoasset)”.
(3) In section 22 (regulated activities), in subsection (4) at end insert “(including where an asset, right or interest is, or comprises or represents, a cryptoasset)”.
(4) In section 417 (definitions)—
(a) in subsection (1), insert at the appropriate place—
“cryptoasset” means any cryptographically secured digital representation of value or contractual rights that—
can be transferred, stored or traded electronically, and
that uses technology supporting the recording or storage of data (which may include distributed ledger technology).
;
(b) at end insert—
(5) The Treasury may by regulations amend the definition of “cryptoasset” in subsection (1).
(5) In section 429 (Parliamentary control of statutory instruments), in subsection (2) leave out “or 333T” and insert “, 333T or 417(5)”.
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.
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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.