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Paragraph 14

Original text. Later amendments are not shown.

In section 206 (financial penalties)f1, after subsection (1) insert—

“(1A)

If the FCA considers that a person other than an authorised person has contravened a relevant Part 5A requirement imposed on the person, it may impose on the person a penalty, in respect of the contravention, of such amount as it considers appropriate.”.

Annotations

Footnotes

f1

Section 206 was repealed in part by section 10 of the Financial Services Act 2010 (c. 28) and was amended by paragraph 12 of Schedule 9 to the Financial Services Act 2012.