Contraventions
This section has no associated Explanatory Memorandum
79. Any of the following persons, that is to say –
(a)a person who contravenes any provision of these Regulations; and
(b)an open-ended investment company (including any director or depositary of such a company) which contravenes any provision of FSA rules,
is to be treated as having contravened rules made under section 138 of the Act (general rule-making power).