Article 50 Information and investigation powers

(1)

Section 165 of the Act (regulators' power to require information) M1 has effect as if each reference to “authorised person” (except in subsection (7)) included a reference to a person who at any time held a standard licence under the 1974 Act.

(2)

Section 168 of the Act (appointment of persons to carry out investigations in particular cases) M2 applies as if—

(a)

subsection (1) included a reference to an offence under the 1974 Act;

(b)

subsection (4) included a reference to circumstances suggesting that a person may have, before 1st April 2014, failed to comply with a requirement imposed on that person under section 33A, 33B or 36A of the 1974 Act.

(3)

Part 27 of the Act (offences) M3 applies as if references to an offence included references to an offence under Part 11 of the Act as modified by this Order.

Annotations

Marginal citations

M1: Amended by the Financial Services Act 2010, Schedule 2, paragraphs 1 and 15, and the Financial Services Act 2012, Schedule 12, paragraph 1.
M2: Amended by the Counter-Terrorism Act 2008, Schedule 7, paragraph 33(3), the Financial Services Act 2010, Schedule 2, paragraphs 1 and 16, the Financial Services Act 2012, Schedule 12, paragraph 8, and S.I. 2007/126 and 2012/2554.
M3: Part 27 was amended by the Enterprise Act 2002, Schedule 25, paragraph 40(16) and (17), the Counter Terrorism Act 2008, Schedule 7, paragraph 33(4), the Financial Services Act 2012, section 95 and Schedule 9, paragraphs 1, 36 and 40, and S.I. 2012/2554.