Schedule 2A, Part 13, paragraph 81

Each of the FCA, the PRA and the scheme manager must— ensure that a copy of each memorandum describing how it intends to comply with paragraph 80(1), and of any other document recording arrangements that it enters into for the purpose of complying with paragraph 80(1), is given to the Treasury (unless the Treasury also entered into the arrangement), ensure that each memorandum is published in the way appearing to it to be best calculated to bring it to the attention of the public, and review the memoranda that it has in place for the purpose of complying with paragraph 80(1) at least once in each of the reporting periods described in section 32A. Where the Treasury enter into arrangements with the FCA, the PRA, the scheme manager, the government of Gibraltar or the Gibraltar regulator for a purpose described in paragraph 80(2), they must— ensure that any memorandum recording the arrangements is published in the way appearing to the Treasury to be best calculated to bring it to the attention of the public, and review the memoranda that the Treasury have in place for a purpose described in paragraph 80(2) at least once in each of the reporting periods described in section 32A. The Treasury must lay before Parliament a copy of any memorandum— given to them under sub-paragraph (1), or published in accordance with sub-paragraph (2)(a).

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Source: legislation.gov.uk · retrieved 2026-09-04