Modification to section 55Y (exercise of own-initiative power: procedure)
This section has no associated Explanatory Memorandum
6. Section 55Y (exercise of own-initiative power: procedure)(1) applies as if, in subsection (1) for “an authorised person” there was substituted “a registered person”.
(1)
Section 55Y was inserted by section 11(2) of the Financial Services Act 2012.