| Amendments proposed to the Financial Services and Markets Bill, As Amended - continued | House of Commons |
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Mr William Hague 392 Page 118, line 32 [Clause 235], leave out from 'give' to end of line and insert 'separate written notice of its decision to the manager and trustee of the scheme'.
Mr William Hague 393 Page 118, line 37 [Clause 236], after 'that', insert 'it is desirable in order to protect the interests of participants or potential participants that'.
Mr William Hague 394 Page 119, line 38 [Clause 216], after 'must', insert 'without prejudice to its other powers under section 108'.
Mr Chancellor of the Exchequer 449 Page 121, line 2 [Clause 237], after 'of' insert ', or made under,'.
Mr Chancellor of the Exchequer 450 Page 122, line 36 [Clause 240], leave out 'A person' and insert 'The operator of the scheme'.
Mr Chancellor of the Exchequer 451 Page 123, line 23 [Clause 242], at end insert—'( ) If the Authority decides to revoke a direction under this section it must—
Mr Chancellor of the Exchequer 452 Page 123, line 39 [Clause 242], at end insert—'( ) The Authority may, either on its own initiative or on the application of the operator of the recognised scheme concerned, revoke a direction given under subsection (1A) if it appears to the Authority—
Mr Chancellor of the Exchequer 453 Page 123, line 40 [Clause 242], after 'effect' insert '(unless revoked earlier)'.
Mr William Hague 395 Page 127, line 2 [Clause 246], leave out 'person exercising influence over' and insert 'controller of'.
Mr William Hague 396 Page 127, line 7 [Clause 246], leave out 'person exercising influence over' and insert 'controller of'.
Mr Chancellor of the Exchequer 454 Page 128, line 17, leave out Clause 252.
Mr Chancellor of the Exchequer 136 Page 132, line 36 [Clause 260], leave out from beginning to 'in', in line 37 and insert 'in relation to which a recognition order is'.
Mr Chancellor of the Exchequer 137 Page 132, line 38 [Clause 260], leave out from 'house' to 'in', in line 39 and insert 'in relation to which a recognition order is'.
Mr Jim Cousins 481 Page 134, line 9 [Clause 262], after 'for', insert 'access to and'.
Mr Jim Cousins 482 Page 134, line 9 [Clause 262], after 'services', insert 'and the capacity of those services'.
Mr William Hague 397 Page 134, line 41 [Clause 264], after 'Authority', insert 'reasonably'.
Mr Chancellor of the Exchequer 138 Page 137, line 30 [Clause 269], at end insert—'( ) Subsections (3) to (5) apply to a direction given under subsection (1).'.
Mr Chancellor of the Exchequer 139 Page 137, line 42 [Clause 269], leave out subsection (6).
Mr Chancellor of the Exchequer 140 Page 140, line 7 [Clause 274], at end insert 'or (4)(b)'.
Mr William Hague 238 Page 140, line 31, [Clause 275], leave out 'of any relevant complaint' and insert 'by an independent person of complaints'.
Mr William Hague 239 Page 140, line 33, [Clause 275], leave out subsection (2) and insert—'(2) The arrangements made by the Authority must provide for the investigator to report to the Authority on the result of his investigation and, if he considers a complaint to be well-founded, to make recommendations to the Authority on the steps (if any) which the recognised body should take to remedy the matter complained of. (3) If the investigator reports to the Authority that a complaint is well-founded, the Authority may direct the recognised body to take specified steps in response to the investigator's report. (4) Specified steps may include the payment by the recognised body of a specified sum or specified sums to a specified person or specified persons. (5) "Independent" means appearing to the Authority to be independent of the recognised body. (6) "Specified" means specified by the Authority.'.
Mr Chancellor of the Exchequer 141 Page 144, line 20 [Clause 281], leave out 'contained in an annual' and insert 'the subject of a'.
Mr William Hague 398 Page 145, line 26 [Clause 283], after '(c)', insert 'in his view reasonably'.
Mr William Hague 399 Page 145, line 29 [Clause 283], after 'information', insert 'which in the Director's view reasonably relates to any matter relevant to the investigation'.
Mr Chancellor of the Exchequer 142 Page 145, line 41 [Clause 283], leave out 'punish' and insert 'deal with'.
Mr Chancellor of the Exchequer 143 Page 145, line 42 [Clause 283], leave out from 'he' to end of line and insert 'were in contempt'.
Mr Chancellor of the Exchequer 144 Page 148, line 21 [Clause 288], leave out from 'and' to end of line 23 and insert 'in relation to which a recognition order is in force'.
Mr Chancellor of the Exchequer 145 Page 148, line 26 [Clause 288], leave out from 'and' to end of line 27 and insert 'in relation to which a recognition order is in force'.
Mr Chancellor of the Exchequer 330 Page 150, line 37 [Clause 291], leave out '("the effective date")'.
Mr Chancellor of the Exchequer 331 Page 150, line 38 [Clause 291], at end insert—'( ) A direction under subsection (1) must be published in the way appearing to the Authority to be best calculated to bring it to the attention of the public. ( ) The Authority may charge a reasonable fee for providing a person with a copy of the direction. ( ) The Authority must, without delay, give the Treasury a copy of any direction which it gives under this section.'.
Mr Chancellor of the Exchequer 332 Page 151, line 20 [Clause 293], at end insert—'( ) A direction under subsection (1) must be published in the way appearing to the Authority to be best calculated to bring it to the attention of the public. ( ) The Authority may charge a reasonable fee for providing a person with a copy of the direction. ( ) The Authority must, without delay, give the Treasury a copy of any direction which it gives under this section.'.
Mr Chancellor of the Exchequer 333 Page 151, line 21 [Clause 294], leave out 'If the Authority proposes to give' and insert 'Before giving'.
Mr Chancellor of the Exchequer 334 Page 151, line 22 [Clause 294], leave out 'it' and insert 'the Authority'.
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| ©Parliamentary copyright 2000 | Prepared 26 Jan 2000 |