Article 16 Power to require information: financial stability

(1)

Paragraph (2) applies if, before the commencement date—

(a)

the Authority gave notice to a person under section 165A^f1 (power to require information: financial stability) requiring the provision of information or the production of documents; and

(b)

the information was not provided or the documents were not produced to the Authority.

(2)

The notice is to be treated as if had been given by the PRA, requiring the person to whom the notice was given to provide the information or to produce the documents to the PRA.

Annotations

Footnotes

f1: Section 165A was inserted by the Financial Services Act 2010, section 18 and is amended by the 2012 Act, Schedule 12, paragraph 2.