FCA direction
This section has no associated Explanatory Memorandum
13. For regulation 38(6) substitute—
“(6) Where the FCA has given a direction under this regulation and the direction has not been withdrawn, the following provisions do not apply—
(a)in England and Wales and Scotland, paragraphs 49(1) to (3), 51, 53, 54 and 55 of Schedule B1 to the IA 1986;
(b)in Northern Ireland, paragraphs 50(1) to (3), 52, 54, 55 and 56 of Schedule B1 to the I(NI)O 1989.”.