Modification to section 206 (financial penalties)
This section has no associated Explanatory Memorandum
19. Section 206 (financial penalties)(1) applies as if, in subsection (1) for “an authorised person” there was substituted “a registered person”.
(1)
Section 206 was amended by section 10 of the Financial Services Act 2010 and paragraph 12(2)(a) and (b) of Schedule 9 to the Financial Services Act 2012.