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Financial Services and Markets Act 2000

Financial Services and Markets Act 2000

2000 CHAPTER 8

Commentary on Sections

Schedule 1: the Financial Services Authority

Part II: Status

Paragraphs 14 and 15: Exemption from requirement of “limited” in Authority’s name

769.The Authority is a company limited by guarantee.  These paragraphs exempt the Authority from having to include “limited” in its name, as would normally be required under the Companies Act.  They also provide for the Secretary of State to remove that exemption if it is inappropriate for it to continue.

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