Clause 16
Amendment of section 130
of Financial Institutions (Miscellaneous Amendments) Bill
BillNot in forceProvision 15 of 111
Clause 16
In the Financial Advisers Act 2001, in section 130, replace subsection (2) with —“(2) The Authority may, on the application of any person, by written notice exempt the person from —
(a)
all or any of the provisions of this Act; or
(b)
all or any of the requirements imposed by the Authority under this Act.”.