Financial Services and Markets Act 2000

Yn ddilys o 03/09/2001

196 The power of intervention.U.K.

This adran has no associated Nodiadau Esboniadol

If the Authority is entitled to exercise its power of intervention in respect of an incoming firm under this Part, it may impose any requirement in relation to the firm which it could impose if—

(a)the firm’s permission was a Part IV permission; and

(b)the Authority was entitled to exercise its power under that Part to vary that permission.

Modifications etc. (not altering text)

C1S. 196 amended (temp. from 3.9.2001 to 1.12.2001) by S.I. 2001/2659, arts. 1(2), 3(5); S.I. 2001/3538, art. 2(1)

S. 196 extended (1.12.2001) by S.I. 2001/2636, arts. 1(2)(b), 34-54; S.I. 2001/3538, art. 2(1)

S. 196 extended (1.12.2001) by S.I. 2001/3592, arts. 1(2), 4(2) (with art. 23(2))

Commencement Information

I1S. 196 wholly in force at 1.12.2001; s. 196 not in force at Royal Assent see s. 431(2); s. 196 in force for specified purposes at 3.9.2001 by S.I. 2001/2632, art. 2(2), Sch. Pt. 2; s. 196 in force in so far as not already in force at 1.12.2001 by S.I. 2001/3538, art. 2(1)