{
  "url": "https://openlegislation.uk/financial-services-and-markets-act-2000/section-206B",
  "json_url": "https://openlegislation.uk/financial-services-and-markets-act-2000/section-206B.json",
  "legislation": "ukpga/2000/8",
  "legislation_title": "Financial Services and Markets Act 2000",
  "legislation_url": "https://openlegislation.uk/financial-services-and-markets-act-2000",
  "path": "section/206B",
  "kind": "section",
  "number": "206B",
  "heading": "Prohibition or restriction on carrying on of relevant designated activities",
  "text": "(1) If the FCA considers that a person carrying on a relevant designated activity has contravened a relevant Part 5A requirement imposed on the person in relation to that activity, it may—\n(a) prohibit the person, for such period as it considers appropriate, from carrying on that activity, or\n(b) impose, for such period as it considers appropriate, such limitations or other restrictions in relation to the carrying on of that activity by the person as it considers appropriate.\n(2) A prohibition may relate only to the carrying on of an activity in specified circumstances.\n(3) A restriction may, in particular, be imposed so as to require the person concerned to take, or refrain from taking, specified action.\n(4) The FCA may, on the application of the person to whom it relates—\n(a) withdraw a prohibition or restriction, or\n(b) vary a prohibition or restriction so as to reduce the period for which it has effect or otherwise to limit its effect.\n(5) The power under this section may, but need not, be exercised so as to have effect in relation to all the relevant designated activities that the person concerned carries on.\n(6) Any one or more of the powers under—\n(a) subsection (1)(a) and (b) of this section, and\n(b) sections 205 and 206,\nmay be exercised in relation to the same contravention.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "S. 206B inserted (14.1.2025) by The Financial Services and Markets Act 2000 (Designated Activities) (Supervision and Enforcement) Regulations 2025 (S.I. 2025/22), reg. 1(2), Sch. para. 15"
    },
    {
      "type": "C",
      "label": "C1",
      "text": "S. 206B applied (with modifications) (14.1.2025 for specified purposes, 13.7.2026 in so far as not already in force) by The Short Selling Regulations 2025 (S.I. 2025/29), regs. 2(2)(3), 24, 25, Sch. 1 Pts. 1, 2; S.I. 2026/587, reg. 2(b)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2000/8/section/206B",
    "retrieved_at": "2026-10-29T09:21:21.899993+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}