Financial Services Act 2010

This section has no associated Explanatory Notes

19(1)Section 208 (decision notice) is amended as follows.U.K.

(2)In subsection (1), omit the “or” before paragraph (b) and at the end of that paragraph insert or

(c)to suspend a permission or impose a restriction under section 206A (whether or not in the manner proposed),.

(3)After subsection (3) insert—

(3A)In the case of a suspension or restriction, the decision notice must state the period for which the suspension or restriction is to have effect.

(4)In subsection (4), omit the “or” before paragraph (b) and at the end of that paragraph insert or

(c)suspend a permission of an authorised person, or impose a restriction in relation to the carrying on of a regulated activity by an authorised person, under section 206A,.