# Companies Act 1989, Paragraph 9

Extent: E+W+S+N.I.

In section 95 of the Financial Services Act 1986 (collective investment schemes: contraventions), after subsection (2) add—
“(3) The disciplinary action which may be taken by virtue of section 47A(3) (failure to comply with statement of principle) includes—
(a) the giving of a direction under section 91(2), and
(b) the application by the Secretary of State for an order under section 93;
and subsection (6) of section 47A (duty of the Secretary of State as to exercise of powers) has effect accordingly.”.

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Source: https://www.legislation.gov.uk/ukpga/1989/40/schedule/23/paragraph/9 (the official version)
Page: https://openlegislation.uk/companies-act-1989/schedule-23/paragraph-9
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.