Schedule 8, Part 1, paragraph 7

Schedule 1ZA to FSMA 2000 (the Financial Conduct Authority) is amended as follows. In paragraph 8 (arrangements for discharging functions), after sub-paragraph (4) insert— In respect of the exercise of a function under Part 1 of the Competition Act 1998, the power in sub-paragraph (1) is subject to provision in rules made under section 51 of that Act by virtue of paragraph 1A of Schedule 9 to that Act. In paragraph 23 (fees), after sub-paragraph (2) insert— The functions referred to in sub-paragraph (1)(a) include functions of the FCA under the Competition Act 1998 or the Enterprise Act 2002 as a result of Part 16A of this Act; but this sub-paragraph is not to be regarded as limiting the effect of the definition of “functions” in paragraph 1.

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