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Part XXU.K. Provision of Financial Services by Members of the Professions

Modifications etc. (not altering text)

C1Pt. 20 modified (E.W.S.) by S.I. 2000/119, Sch. 4 para. 11 (as substituted (1.7.2009 in accordance with art. 1(1)(c) of S.I. 2009/1587) by S.I. 2009/1587, art. 3(11))

325 Authority’s general duty.U.K.

(1)The Authority must keep itself informed about—

(a)the way in which designated professional bodies supervise and regulate the carrying on of exempt regulated activities by members of the professions in relation to which they are established;

(b)the way in which such members are carrying on exempt regulated activities.

(2)In this Part—

(3)The Authority must keep under review the desirability of exercising any of its powers under this Part.

(4)Each designated professional body must co-operate with the Authority, by the sharing of information and in other ways, in order to enable the Authority to perform its functions under this Part.

Commencement Information

I1S. 325 wholly in force at 1.12.2001; s. 325 not in force at Royal Assent see s. 431(2); s. 325(4) in force at 3.9.2001 by S.I. 2001/2632, art. 2(2), Sch. Pt. 2; s. 325 in force in so far as not already in force at 1.12.2001 by S.I. 2001/3538, art. 2(1)