Modification to section 208 (decision notice)
This
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Memorandwm Esboniadol
21. Section 208 (decision notice)(1) applies as if—
(a)in subsection (1)—
(i)paragraph (c) was omitted;
(ii)in the words after paragraph (c), for “authorised person” there was substituted “registered person”;
(b)subsection (3A) was omitted;
(c)in subsection (4)—
(i)in paragraphs (a) and (b), for “an authorised person” there were substituted “a registered person” in both places;
(ii)paragraph (c) was omitted;
(iii)in the words after paragraph (c), for “authorised person” there was substituted “registered person”.
(1)
Section 208 was amended by paragraph 19 of Schedule 2 to the Financial Services Act 2010 and paragraph 15 of Schedule 9 to the Financial Services Act 2012.