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
28 Exemption for recognised investment exchanges and clearing houses
(1) Section 285 of FSMA 2000 (exemption from general prohibition for recognised investment exchanges and recognised clearing houses) is amended as follows.
(2) In subsection (2), for paragraph (b) substitute—
(b) which is carried on for the purposes of, or in connection with, the provision by the exchange of services designed to facilitate the provision of clearing services by another person.
(3) In subsection (3) for the words from “activity which” to the end substitute
activity—
(a) which is carried on for the purposes of, or in connection with, the provision of clearing services by the clearing house, or
(b) which is carried on for the purposes of, or in connection with, the provision by the clearing house of services designed to facilitate the provision of clearing services by another person.
(4) After that subsection insert—
(4) The Treasury may by order amend paragraph (b) of subsection (2) or (3).
Your change, as a redline
28 Exemption for recognised investment exchanges and clearing houses
(1) Section 285 of FSMA 2000 (exemption from general prohibition for recognised investment exchanges and recognised clearing houses) is amended as follows.
(2) In subsection (2), for paragraph (b) substitute—
(b) which is carried on for the purposes of, or in connection with, the provision by the exchange of services designed to facilitate the provision of clearing services by another person.
(3) In subsection (3) for the words from “activity which” to the end substitute
activity—
(a) which is carried on for the purposes of, or in connection with, the provision of clearing services by the clearing house, or
(b) which is carried on for the purposes of, or in connection with, the provision by the clearing house of services designed to facilitate the provision of clearing services by another person.
(4) After that subsection insert—
(4) The Treasury may by order amend paragraph (b) of subsection (2) or (3).
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.
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.