| Amendments proposed to the Financial Services and Markets Bill, As Amended - continued | House of Commons |
| back to previous text | |
|
Mr Chancellor of the Exchequer 84 Page 16, line 22 [Clause 37], at end insert—'( ) If the applicant—
the application is to be treated as relating to all the regulated activities which, if permission is given, he will carry on. ( ) If the applicant—
the application is to be treated as relating only to that other regulated activity.'.
Mr Chancellor of the Exchequer 85 Page 16, line 23 [Clause 37], leave out subsection (3).
Mr Chancellor of the Exchequer 86 Page 16, line 38 [Clause 38], leave out from 'include' to end of line 40 and insert 'such requirements as the Authority considers appropriate.'.
Mr Chancellor of the Exchequer 87 Page 16, line 41 [Clause 38], leave out subsection (2).
Mr Chancellor of the Exchequer 88 Page 17, line 20 [Clause 39], leave out subsection (2).
Mr William Hague 206 Page 17, line 27 [Clause 39], after 'it', insert 'after receiving representations'.
Mr Chancellor of the Exchequer 89 Page 17, line 31 [Clause 39], at end insert—'( ) If, as a result of a variation of a Part IV permission under this section, there are no longer any regulated activities for which the authorised person concerned has permission, the Authority must, once it is satisfied that it is no longer necessary to keep the permission in force, cancel it.'.
Mr Chancellor of the Exchequer 90 Page 17, line 32 [Clause 39], after 'permission' insert 'under this section'.
Mr William Hague 207 Page 17, line 35 [Clause 39], at end insert—'(6) In this section "consumers" has the same meaning as in section 9.'.
Mr Chancellor of the Exchequer 91 Page 17, line 36 [Clause 40], leave out from 'vary' to 'in' and insert 'a Part IV permission in any of the ways mentioned in section 39(1) or cancel it'.
Mr Chancellor of the Exchequer 92 Page 17, line 39 [Clause 40], leave out from 'that' to 'in', in line 40, and insert 'the authorised person is failing, or is likely to fail, to satisfy the threshold conditions'.
Mr Chancellor of the Exchequer 93 Page 17, line 41 [Clause 40], leave out 'the authorised person concerned' and insert 'he'.
Mr Chancellor of the Exchequer 94 Page 18, line 3 [Clause 40], leave out from beginning to end of line 7.
Mr Chancellor of the Exchequer 95 Page 18, line 14 [Clause 40], leave out from beginning to end of line 24.
Mr Chancellor of the Exchequer 96 Page 18, line 25 [Clause 40], leave out subsection (2).
Mr Chancellor of the Exchequer 97 Page 18, line 29 [Clause 40], leave out subsection (3).
Mr Chancellor of the Exchequer 98 Page 18, line 32 [Clause 40], at end insert—'( ) If, as a result of a variation of a Part IV permission under this section, there are no longer any regulated activities for which the authorised person concerned has permission, the Authority must, once it is satisfied that it is no longer necessary to keep the permission in force, cancel it.'.
Mr Chancellor of the Exchequer 99 Page 18, line 35 [Clause 40], leave out 'Part IV'.
Mr Chancellor of the Exchequer 100 Page 18, line 37 [Clause 40], leave out subsection (5).
Mr Chancellor of the Exchequer 101 Page 18, line 42 [Clause 41], leave out 'as mentioned in section 150'.
Mr Chancellor of the Exchequer 102 Page 19, line 7 [Clause 41], at end insert—'( ) Any reference to a person having acquired control is to be read in accordance with Part XI.'.
Mr Chancellor of the Exchequer 103 Page 19, line 25 [Clause 42], leave out from 'any' to 'may', in line 26, and insert 'case in which the Authority does not consider that the exercise of its own-initiative power is necessary in order to comply with a Community obligation, it'
Mr Chancellor of the Exchequer 104 Page 20, line 1 [Clause 43], leave out from 'Authority' to end of line 12 and insert—
(1A) A person on whom an assets requirement is imposed is referred to in this section as "A". (1B) "Assets requirement" means a requirement under section 38—
Mr William Hague 208 Page 20, line 8 [Clause 43], after 'by', insert 'A'.
Mr Chancellor of the Exchequer 105 Page 20, line 13 [Clause 43], leave out subsection (2).
Mr William Hague 209 Page 20, line 15 [Clause 43], leave out 'in connection with the imposition' and insert 'for the purposes.'.
Mr Chancellor of the Exchequer 106 Page 20, line 18 [Clause 43], leave out '(1)(a)' and insert '(1B)(a)'.
Mr William Hague 210 Page 20, line 24 [Clause 43], after 'A', insert 'or any other duty which it may owe A'.
Mr Chancellor of the Exchequer 107 Page 20, line 34 [Clause 43], leave out '(1)(b)' and insert '(1B)(b)'.
Mr Chancellor of the Exchequer 108 Page 20, line 35 [Clause 43], after 'released' insert 'or dealt with'.
Mr Chancellor of the Exchequer 109 Page 20, line 37 [Clause 43], leave out '(1)(b)' and insert '(1B)(b)'.
Mr William Hague 211 Page 20, line 40 [Clause 43], after 'liquidator', insert 'or administrator'.
Mr Chancellor of the Exchequer 110 Page 20, line 42 [Clause 43], leave out '(1)(b)' and insert '(1B)(b)'.
Mr William Hague 212 Page 20, line 43 [Clause 43], after 'A', insert 'or the Authority'.
Mr William Hague 213 Page 20, line 46 [Clause 43], after 'A', insert 'or the Authority'.
Mr William Hague 214 Page 21, line 5 [Clause 43], after 'property', insert 'or any other security interest'.
Mr William Hague 215 Page 21, line 5 [Clause 43], at end insert—
|
| |
| ©Parliamentary copyright 2000 | Prepared 1 Feb 2000 |