Propose a change

Financial Services Act 2012

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

117 Interpretation

(1) In this Act “FSMA 2000” means the Financial Services and Markets Act 2000. (2) In this Act— “the FCA” means the Financial Conduct Authority; “the PRA” means the Prudential Regulation Authority (and see section 2A of the Financial Services and Markets Act 2000 for the interpretation of references to the Prudential Regulation Authority) ; “the UK financial system” means the financial system of the United Kingdom. (2A) In this Act references to the Bank of England do not include the Bank acting in its capacity as the PRA. (3) In this Act “enactment” includes— (a) an enactment contained in subordinate legislation within the meaning of the Interpretation Act 1978; (b) an enactment contained in, or in an instrument made under, an Act of the Scottish Parliament; (c) an enactment contained in, or in an instrument made under, a Measure or Act of the National Assembly for Wales; (d) an enactment contained in, or in an instrument made under, Northern Ireland legislation.

Your change, as a redline

117 Interpretation

(1) In this Act “FSMA 2000” means the Financial Services and Markets Act 2000. (2) In this Act— “the FCA” means the Financial Conduct Authority; “the PRA” means the Prudential Regulation Authority (and see section 2A of the Financial Services and Markets Act 2000 for the interpretation of references to the Prudential Regulation Authority) ; “the UK financial system” means the financial system of the United Kingdom. (2A) In this Act references to the Bank of England do not include the Bank acting in its capacity as the PRA. (3) In this Act “enactment” includes— (a) an enactment contained in subordinate legislation within the meaning of the Interpretation Act 1978; (b) an enactment contained in, or in an instrument made under, an Act of the Scottish Parliament; (c) an enactment contained in, or in an instrument made under, a Measure or Act of the National Assembly for Wales; (d) an enactment contained in, or in an instrument made under, Northern Ireland legislation.

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 it

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