OpenLegislation

Regulation 22 Proceedings for offences

Original text. Later amendments are not shown.

(1)

Proceedings for an offence under regulation 20 (misleading the FCA) may be instituted—

(a)

in England and Wales only by the FCA or by or with the consent of the Director of Public Prosecutions, or

(b)

in Northern Ireland only by the FCA or by or with the consent of the Director of Public Prosecutions for Northern Ireland.

(2)

In exercising its power to institute proceedings for an offence under regulation 20, the FCA must comply with any conditions or restrictions imposed in writing by the Treasury in relation to such proceedings.