Paragraph 51

(1)

Section 116^f1 (form of documents) is amended as follows.

(2)

In subsection (1), for “Authority may” substitute “FCA and the PRA may each”.

(3)

After subsection (1), insert—

“(1A)
The PRA and the FCA must each consult the other before issuing a direction under this section if the document in question is required to be sent to both of them.”.

Annotations

Footnotes

f1: Section 116 was substituted by S.I. 2001/2617.