Section 131Q Provision of reports to assist the TreasuryF1

(1)

The FCA must, on a request from the Treasury, prepare and send to the Treasury a report on a matter specified in the request.

(2)

The Treasury may only make a request under this section for a report that they reasonably require in connection with—

(a)

the preparation of a cash access policy statement (see section 131P), or

(b)

a decision whether or not to designate a person for the purposes of this Part (see section 131R).

(3)

A request for a report under this section—

(a)

must be made in writing, and

(b)

may require the FCA to send the report to the Treasury within such reasonable period as may be specified in the request (or such other period as may be agreed).

(4)

Nothing in section 348, or in regulations made under section 349, is to be taken as preventing or restricting the ability of the FCA to disclose information to the Treasury for the purposes of this section.

(5)

Subsection (4) does not apply in relation to information provided to the FCA by a regulatory authority outside the United Kingdom.

Annotations

Textual amendments

F1: Pt. 8B inserted (29.8.2023) by Financial Services and Markets Act 2023 (c. 29), s. 86(2)(c), Sch. 8 para. 1