Section 6(2)

A relevant requirement does not apply to the making of rules by a regulator if and to the extent that— the proposed rules make excluded changes to provision of existing rules made by the regulator containing an assimilated obligation, and the assimilated obligation is specified, or falls within a description of obligations specified, in relation to the making of rules by the regulator in regulations made by the Treasury for the purposes of this section.

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