Section 66 Restriction on dealing with assets.C1

United Kingdom

C2(1)

The Secretary of State may prohibit an authorised person or appointed representative from disposing of or otherwise dealing with any assets, or any specified assets, of that person or, as the case may be, representative in any specified manner or otherwise than in a specified manner.

(2)

A prohibition under this section may relate to assets outside the United Kingdom.

Annotations

Modifications

C1

S. 66 amended (1.1.1993) by S.I. 1992/3218, reg. 55, Sch. 9 para.22.

C2

S. 66(1) amended (1.1.1993) by S.I. 1992/3218, reg. 55, Sch. 9 para. 22(a).

s. 66 applied (with modifications) (15.8.1995) by S.I. 1995/2049, regs. 6, 7-18

Notes on the whole Act

Textual amendments

F1: Act repealed (1.12.2001) by The Financial Services and Markets Act 2000 (Consequential Amendments and Repeals) Order 2001 (S.I. 2001/3649), arts. 1, 3(1)(c) (with savings in art. 292)

Notes on Part I

Modifications

C1: Pt. I (ss. 1-128) amended (S.) (22.5.2000) by S.I. 2000/121, regs. 1, 37, Sch. 2
C2: Pt. I (ss. 1–128): power to modify conferred (prosp.) by Courts and Legal Services Act 1990 (c. 41, SIF 76:1), ss. 89, 124(3), Sch. 14 para. 9(c)

Notes on Chapter VI

Modifications

C1: Chapters III–XI (ss. 7–111): certain functions transferred by S.I. 1990/354, art. 5