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Disclaimer: This is not legal advice. Legislation and case law change. Always consult a qualified solicitor for your specific situation.

UK Law Reference
All sections of Financial Services Act 2021
2021 c. 22, s.43

Section 43 — Subordinate legislation made under retained direct EU legislation

This version in force from 2021-07-01

Snapshot: 2026-08-24

Reproduced from legislation.gov.uk (Crown Copyright, Open Government Licence v3.0). Amendments made after 2026-08-24 may not be reflected — always check the official text .

(1) The Financial Services and Markets Act 2000 is amended as follows.

(2) In section 425C (“qualifying provision”)—

(a) the existing text becomes subsection (1),

(b) after paragraph (b) of that subsection insert— (ba) other subordinate legislation made under retained direct EU legislation;,

(c) in paragraph (c) of that subsection omit “(within the meaning of the Interpretation Act 1978)”, and

(d) after that subsection insert— (2) In this section, “subordinate legislation” has the same meaning as in the Interpretation Act 1978 (see section 21 of that Act).

(3) In paragraph 8(3) of Schedule 1ZA (Financial Conduct Authority's arrangements for discharging functions: legislative functions), in paragraph (a), after “rules” insert “ under this Act or under retained direct EU legislation ”.