Financial Services Act 1986 (repealed)
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
51 Cancellation rules.
(1) The Secretary of State may make rules for enabling a person who has entered or offered to enter into an investment agreement with an authorised person to rescind the agreement or withdraw the offer within such period and in such manner as may be prescribed. (2) Without prejudice to the generality of subsection (1) above, rules under this section may make provision— (a) for requiring the service of notices with respect to the rights exercisable under the rules; (b) for the restitution of property and the making or recovery of payments where those rights are exercised; and (c) for such other incidental matters as the Secretary of State thinks necessary or expedient.
51 Cancellation rules.
(1) The Secretary of State may make rules for enabling a person who has entered or offered to enter into an investment agreement with an authorised person to rescind the agreement or withdraw the offer within such period and in such manner as may be prescribed. (2) Without prejudice to the generality of subsection (1) above, rules under this section may make provision— (a) for requiring the service of notices with respect to the rights exercisable under the rules; (b) for the restitution of property and the making or recovery of payments where those rights are exercised; and (c) for such other incidental matters as the Secretary of State thinks necessary or expedient.
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.