Moved by
Baroness Neville-Rolfe
45: Clause 17, page 28, line 28, leave out “regulator” and insert “person”
46: Clause 17, page 29, line 6, leave out “the primary authority” and insert “a direct primary authority or a co-ordinated primary authority”
47: Clause 17, page 30, line 8, leave out “the primary authority” and insert “a direct primary authority or a co-ordinated primary authority”
48: Clause 17, page 30, line 19, leave out from “if” to “inconsistent” in line 24 and insert “—
(a) another qualifying regulator nominated as the primary authority (“PA2”) for the exercise of the function in relation to the person has previously given advice or guidance (generally or specifically), and
(b) the person considers the proposed enforcement action to be”
49: Clause 17, page 30, line 26, leave out from “that” to “action” in line 28 and insert “such advice or guidance has previously been given and that the person considers the proposed enforcement action to be inconsistent with it, PA1 must—
(a) refer the”
50: Clause 17, page 30, leave out lines 30 to 36 and insert—
“(4) If subsection (3) applies—
(a) the reference of the proposed enforcement action by PA1 to PA2 under subsection (3)(a) is to be treated as a notification given by the enforcing authority to PA2 under section 25C(2)(a), and
(b) accordingly, section 25C (but not this section) applies in relation to PA2 as the primary authority and ceases to apply in relation to PA1 as the primary authority.”
51: Clause 17, page 30, line 40, leave out “for a primary authority or another” and insert “in relation to an”