Valid from 01/04/2013
7(1)Section 167 (appointment of investigator in general cases) is amended as follows.U.K.
(2)In subsection (1), for “the Authority or the Secretary of State (“the investigating authority”)” substitute “ an investigating authority ”.
(3)After subsection (5) insert—
“(5A)Investigating authority” means—
(a)in relation to a recognised investment exchange, the Secretary of State or the FCA;
(b)in relation to an authorised person or former authorised person, the FCA or the PRA;
(c)in relation to an appointed representative or former appointed representative, the FCA or the PRA.”