Article 50 Information and investigation powers

(1)

Section 165 of the Act (regulators’ power to require information)^f1 has effect as if each reference to “authorised person” (except in subsection (7)) included a reference to a person who at any time held a standard licence under the 1974 Act.

(2)

Section 168 of the Act (appointment of persons to carry out investigations in particular cases)^f2 applies as if—

(a)

subsection (1) included a reference to an offence under the 1974 Act;

(b)

subsection (4) included a reference to circumstances suggesting that a person may have, before 1st April 2014, failed to comply with a requirement imposed on that person under section 33A, 33B or 36A of the 1974 Act.

(3)

Part 27 of the Act (offences) ^f3 applies as if references to an offence included references to an offence under Part 11 of the Act as modified by this Order.

Annotations

Footnotes

f1: Amended by Schedule 2 to the Financial Services Act 2010 and Schedule 12 to the Financial Services Act 2012.
f2: Amended by Schedule 7 to the Counter-Terrorism Act 2008, Schedule 12 to the Financial Services Act 2012, S.I. 2007/126 and S.I. 2012/2554.
f3: Part 27 was amended by Schedule 25 to the Enterprise Act 2002, Schedule 7 to the Counter Terrorism Act 2008, section 95 of, and Schedule 9 to, the Financial Services Act 2012 and S.I. 2012/2554.