{
  "url": "https://openlegislation.uk/draft-financial-services-and-markets-act-2000-designated-activities-supervision-and-enforcement-regulations-2024/schedule/paragraph-14",
  "json_url": "https://openlegislation.uk/draft-financial-services-and-markets-act-2000-designated-activities-supervision-and-enforcement-regulations-2024/schedule/paragraph-14.json",
  "legislation": "ukdsi/2024/9780348265460",
  "legislation_title": "The Financial Services and Markets Act 2000 (Designated Activities) (Supervision and Enforcement) Regulations 2024",
  "legislation_url": "https://openlegislation.uk/draft-financial-services-and-markets-act-2000-designated-activities-supervision-and-enforcement-regulations-2024",
  "path": "schedule/paragraph/14",
  "kind": "paragraph",
  "number": "14",
  "heading": null,
  "text": "In section 206 (financial penalties), after subsection (1) insert—\n“(1A) If the FCA considers that a person other than an authorised person has contravened a relevant Part 5A requirement imposed on the person, it may impose on the person a penalty, in respect of the contravention, of such amount as it considers appropriate.”.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "Section 206 was repealed in part by section 10 of the Financial Services Act 2010 (c. 28) and was amended by paragraph 12 of Schedule 9 to the Financial Services Act 2012."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukdsi/2024/9780348265460/schedule/paragraph/14",
    "retrieved_at": "2026-10-30T14:40:16.094848+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."
}