PART V MISCELLANEOUS

Contraventions80

Any of the following persons, that is to say—

a

a person who contravenes any provision of these Regulations; and

b

an open-ended investment company (including any director or depositary of such a company) which contravenes any provision of FSA rules,

is to be treated as having contravened rules made under section 138 of the Act (general rule-making power).