Financial Services and Markets Act 2000

[F1Powers [F2under the Act] U.K.

Textual Amendments

F1S. 415A and preceding cross-heading inserted (8.4.2010) by Financial Services Act 2010 (c. 28), ss. 24(1), 26(1)(l), Sch. 2 para. 30

F2Words in s. 415A cross-heading substituted (1.4.2013) by Financial Services Act 2012 (c. 21), s. 122(3), Sch. 18 para. 25(3) (with Sch. 20); S.I. 2013/423, art. 3, Sch.

415APowers [F3under the Act] U.K.

Any power which the [F4FCA, the PRA or the Bank of England] has under any provision of this Act is not limited in any way by any other power which it has under any other provision of this Act.]

Textual Amendments

F3Words in s. 415A heading substituted (1.4.2013) by Financial Services Act 2012 (c. 21), s. 122(3), Sch. 18 para. 25(3) (with Sch. 20); S.I. 2013/423, art. 3, Sch.

[F5415AAApplication of powers to formerly authorised personsU.K.

(1)A power in the following provisions may be exercised in relation to persons who were at any time authorised persons (in addition to persons who are authorised persons at the time when the power is exercised)—

(a)section 168 (appointment of investigators in certain cases);

(b)section 205 (public censure);

(c)section 206 (financial penalties);

(d)section 384 (power to require restitution).

(2)Accordingly, references in the provisions listed in subsection (1), and in sections 207 to 209, to an authorised person are (so far as appropriate) to be read as including a person who was at any time an authorised person but who has ceased to be an authorised person.]

Textual Amendments

Modifications etc. (not altering text)