{
  "url": "https://openlegislation.uk/consumer-composite-investments-designated-activities-regulations-2024/schedule-1/paragraph-2",
  "json_url": "https://openlegislation.uk/consumer-composite-investments-designated-activities-regulations-2024/schedule-1/paragraph-2.json",
  "legislation": "uksi/2024/1198",
  "legislation_title": "The Consumer Composite Investments (Designated Activities) Regulations 2024",
  "legislation_url": "https://openlegislation.uk/consumer-composite-investments-designated-activities-regulations-2024",
  "path": "schedule/1/paragraph/2",
  "kind": "paragraph",
  "number": "2",
  "heading": "Restitution",
  "text": "Section 384 of FSMA 2000 (power of FCA or PRA to require restitution) applies in respect of contraventions of a requirement imposed by virtue of regulation 6 of these Regulations and persons knowingly concerned in the contravention of such a requirement as if, in subsection (1), reference to an authorised person or recognised investment exchange included persons subject to designated activity rules made by virtue of regulation 6 of these Regulations.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "I",
      "label": "I1",
      "text": "Sch. 1 para. 2 in force at 22.11.2024 for specified purposes, see reg. 2(1)(c)"
    },
    {
      "type": "I",
      "label": "I2",
      "text": "Sch. 1 para. 2 in force at 6.4.2026 in so far as not already in force, see reg. 2(2)"
    },
    {
      "type": "footnote",
      "label": "f1",
      "text": "Relevant amendments were made by paragraphs 23(2)(a), (b), 23(4)(a), (b) and 23(5) of Schedule 9 to the Financial Services Act 2012 and S.I. 2016/680. There are other amendments which are not relevant."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2024/1198/schedule/1/paragraph/2",
    "retrieved_at": "2026-10-28T21:23:58.259425+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}