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Amendments to the Financial Services and Markets Bill

Financial Services and Markets Bill -
Amendments to be debated in the House of Lords

Here you can browse the Supplement (b) to the Fourth Marshalled List of Amendments to the Financial Services and Markets Bill to be moved in Committee in the House of Lords.

 The amendments have been marshalled in accordance with the order of 6th March 2000, as follows--  
 Clauses 129 to 153
Schedule 13
Clauses 154 to 156
Schedule 14
Clauses 157 to 196
Schedule 15
Clauses 197 to 219
Schedule 16
Clauses 220 to 324
Schedule 17
Clauses 325 to 407
Schedules 18 and 19
Clause 408
 
 [Amendments marked * are new or have been altered] 
Amendment
No.
 
  
Clause 310
 
  
BY THE LORD McINTOSH OF HARINGEY
 
     Page 162, line 5, after ("XII,") insert ("XIV, XV, XVI,") 
     Page 162, line 5, after ("and") insert (", XXIV, sections 371 to 374 and Part") 
     Page 162, line 8, at end insert--
 
    ("(  )  An insurance market direction may provide that a core provision is to have effect, in relation to persons to whom the provision is applied by the direction, with modifications.")
 
  
Clause 313
 
  
BY THE LORD McINTOSH OF HARINGEY
 
     Page 163, line 39, leave out subsection (1) 
  
After Clause 314
 
  
BY THE LORD McINTOSH OF HARINGEY
 
     Insert the following new Clause-- 
     ("  .--(1) The Authority may make rules imposing such requirements on persons to whom the rules apply as appear to it to be appropriate for protecting policyholders against the risk that those persons may not be able to meet their liabilities.
 
    (2)  The rules may apply to--
    (a)  former underwriting members generally; or
    (b)  to a class of former underwriting member specified in them.
    (3)  Section 312 applies to the making of proposed rules under this section as it applies to the giving of a proposed direction under section 309.
 
    (4)  Part X (except sections 143 to 145) does not apply to rules made under this section.")
Rules applicable to former underwriting members.
  
Clause 315
 
  
BY THE LORD McINTOSH OF HARINGEY
 
     Page 165, line 4, after ("2;") insert--
    (""former underwriting member" means a person ceasing to be an underwriting member of the Society on, or at any time after, 24 December 1996;")
 
 
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