The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) (No.2) Order 2013

Information and investigation powers

50.—(1) Section 165 of the Act (regulators’ power to require information)(1) 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)(2) 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) (3) applies as if references to an offence included references to an offence under Part 11 of the Act as modified by this Order.

(1)

Amended by Schedule 2 to the Financial Services Act 2010 and Schedule 12 to the Financial Services Act 2012.

(2)

Amended by Schedule 7 to the Counter-Terrorism Act 2008, Schedule 12 to the Financial Services Act 2012, S.I. 2007/126 and S.I. 2012/2554.

(3)

Part 27 was amended by Schedule 25 to the Enterprise Act 2002, Schedule 7 to the Counter Terrorism Act 2008, section 95 of, and Schedule 9 to, the Financial Services Act 2012 and S.I. 2012/2554.