4 Power to restate and modify saved legislation
Financial Services and Markets Act 2023 (2023 c 29) | Legislation

4  Power to restate and modify saved legislation

(1)     The power under section 86(5) to make saving provision in connection with the revocation of any legislation referred to in Schedule 1 includes power to restate that legislation (as it has effect immediately before its revocation)—

(a)     by amending primary legislation or subordinate legislation, or

(b)     by making new subordinate legislation.

(2)     Regulations made by virtue of subsection (1) may make such modifications of the legislation being restated as the Treasury consider necessary or desirable for

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