Section 28(5)

In section 3B (regulatory principles to be applied by both regulators), for subsection (3) substitute— “Objectives”— in relation to the FCA means— operational objectives, and in its application as a secondary objective, the competitiveness and growth objective (see section 1EB), and in relation to the PRA means— the PRA’s objectives, and in their application as secondary objectives, the competition objective and competitiveness and growth objective (see section 2H).

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