Section 69 Rescission and variation.C1
United Kingdom
The Secretary of State may, either of his own motion or on the application of a person on whom a prohibition or requirement has been imposed under this Chapter, rescind or vary the prohibition or requirement if it appears to the Secretary of State that it is no longer necessary for the prohibition or requirement to take effect or continue in force or, as the case may be, that it should take effect or continue in force in a different form.
Annotations
Modifications
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S. 69 applied (12.2.1992) by S.I. 1992/225, reg. 96(5)(6).
s. 69 applied (with modifications) (15.8.1995) by S.I. 1995/2049, regs. 6, 7-18
Notes on the whole Act
Textual amendments
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Act repealed (1.12.2001) by The Financial Services and Markets Act 2000 (Consequential Amendments and Repeals) Order 2001 (S.I. 2001/3649), arts. 1, 3(1)(c) (with savings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
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Pt. I (ss. 1-128) amended (S.) (22.5.2000) by S.I. 2000/121, regs. 1, 37, Sch. 2
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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
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Chapters III–XI (ss. 7–111): certain functions transferred by S.I. 1990/354, art. 5