PART 2APPLICATIONS FOR PERMISSIONS
Exercise of functions under F1section 138A of the Act for the purpose of applying a decision or a joint decision8
1
2
In such a case the requirements contained in—
a
F4subsections (1) and (7)(b) of section 138A for that appropriate regulator’s powers to be exercisable only on the application or with the consent of an authorised person; and
b
F5section 138A(4),
shall not apply.