Treasury has made the Financial Services Act 2012 (FS Act) (Consequential Amendments and Transitional Provisions) Order 2013, which takes effect from 1 April 2013 (Legal Cut Over or LCO). The Order amends several pieces of secondary legislation to take account of the changes the FS Act makes to the UK regulatory structure and scope of regulation. Most of the changes reflect the new regulators and make changes to replace references to FSA with references to PRA and FCA as appropriate. Some changes are more fundamental, such as the repeal of the FSMA (Misleading Statements and Practices) Order 2001 and the order amending it, and the FSMA (Variation of Threshold Conditions) Order 2002. Another Order, the FS Act (Mutual Societies) Order provides for the new regulators to exercise powers over mutuals from LCO. (Source: FS Act (Consequential Amendments and Transitional Provisions) Order and FS Act (Mutual Societies) Order 2013)