[F1415AAApplication 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
F1S. 415AA inserted (29.8.2023) by Financial Services and Markets Act 2023 (c. 29), ss. 60(3), 86(2)(f) (with s. 60(4))
Modifications etc. (not altering text)
C1S. 415AA applied (with modifications) (5.4.2024) by The Data Reporting Services Regulations 2024 (S.I. 2024/107), regs. 1(2), 26; S.I. 2023/1382, reg. 4(c)