The Financial Services Act 1986 (Delegation) Order 1987

Article 7

SCHEDULE 3 OFFENCES WITH RESPECT TO WHICH THE POWER TO INSTITUTE PROCEEDINGS IS TRANSFERRED

1.  Offences under sections 4 (carrying on or purporting to carry on investment business without authorisation), 32(1) (failure of person authorised under section 31 to give notice of commencement of business), and 111(1) (furnishing of false or misleading information to auditor or second auditor).

2.  Offences under section 57(3) (contravention of restrictions on advertising) in any case in which the designated agency institutes proceedings at the same time and against the same person for an offence under section 4 of the Act.

3.  Offences under section 59(5) (contravention of disqualification direction) where the direction is issued by the designated agency.

4.  Offences under section 105(10) (failure to comply with requirement imposed under section 105 (investigation powers)) where the requirement in question is a requirement imposed by the designated agency or a person authorised by it under section 106.

5.  Offences under section 200(1)(a) (false and misleading statements for the purposes of or in connection with applications) where the application in question is an application made to the designated agency.

6.  Offences under section 200(1)(b) (false and misleading statements in purported compliance with requirement imposed by or under Act) where the requirement in question is a requirement imposed by the designated agency or by a person authorised by it under section 106.

7.  Offences under section 200(2) and (3).