Section 250 InformationI1

United Kingdom

(1)

The F1Prudential Regulation Authority shall collect information that it thinks is or may be relevant to the stability of—

(a)

individual financial institutions, or

(b)

one or more aspects of the financial systems of the United Kingdom.

(2)

The Authority may perform its function under subsection (1) by the exercise of the power in section 165 F2or 165A of the Financial Services and Markets Act 2000 (power to require information–as qualifiedF3, in the case of the section 165 power, by section 249 above) or in any other way.

Annotations

Textual amendments

F1: Words in s. 250(1) substituted (1.4.2013) by Financial Services Act 2012 (c. 21), s. 122(3), Sch. 17 para. 60 (with Sch. 20); S.I. 2013/423, art. 3, Sch.
F2: Words in s. 250(2) inserted (8.6.2010) by Financial Services Act 2010 (c. 28), s. 26(2)(e), Sch. 2 para. 47(a)
F3: Words in s. 250(2) inserted (8.6.2010) by Financial Services Act 2010 (c. 28), s. 26(2)(e), Sch. 2 para. 47(b)

Commencement

I1: S. 250 in force at 21.2.2009 by S.I. 2009/296, art. 3, Sch. para. 9