23(1)[F1Sub-paragraphs (2) and (2A) apply] if a UK firm—E+W+S+N.I.
(a)has a Part IV permission; and
(b)is exercising an EEA right to carry on any Consumer Credit Act business in an EEA State other than the United Kingdom.
(2)The Authority may exercise its power under section 45 in respect of the firm if [F2the Office of Fair Trading] has informed the Authority that—
(b)any of the firm’s employees, agents or associates (whether past or present), or
(c)if the firm is a body corporate, a controller of the firm or an associate of such a controller,
[F4(2A)The Authority may also exercise its power under section 45 in respect of the firm if the Office of Fair Trading has informed the Authority that it has concerns about any of the following—
(a)the firm's skills, knowledge and experience in relation to Consumer Credit Act businesses;
(b)such skills, knowledge and experience of other persons who are participating in any Consumer Credit Act business being carried on by the firm;
(c)practices and procedures that the firm is implementing in connection with any such business.]
(3)“Associate”, “Consumer Credit Act business” and “controller” have the same meaning as in section 203.