Financial Services and Markets Act 2000

201Effect of certain requirements on other persons

This adran has no associated Nodiadau Esboniadol

If the Authority, in exercising its power of intervention, imposes on an incoming firm a requirement of a kind mentioned in subsection (3) of section 48, the requirement has the same effect in relation to the firm as it would have in relation to an authorised person if it had been imposed on the authorised person by the Authority acting under section 45.