CRED Sch 4 Powers exercised

The following powers and related provisions in or under the Act have been exercised by the FSA to make the rules in CRED:

Section 138 (General rule-making power)

2Section 146 (Money laundering rules)

Section 149 (Evidential provisions)1

Section 156 (General supplementary powers)1

Articles 9 (Designation of existing provisions to take effect as rules) and 10 (Modification of existing provisions) of the Financial Services and Markets Act 2000 (Consequential Amendments and Transitional Provisions) (Credit Unions) Order 2002 (SI 2002/1501)

The following powers in or under the Act have been exercised by the FSA to give the guidance in CRED:1

Section 157(1) (Guidance)1

Article 14 (Guidance on continued provisions) of the Financial Services and Markets Act 2000 (Consequential Amendments and Transitional Provisions) (Credit Unions) Order 2002 (SI 2002/1501)