Part XXVII Offences

Institution of proceedings

I1402 Power of the Authority to institute proceedings for certain other offences.

1

Except in Scotland, the Authority may institute proceedings for an offence under—

a

Part V of the M1Criminal Justice Act 1993 (insider dealing); or

b

prescribed regulations relating to money laundering.

2

In exercising its power to institute proceedings for any such offence, the Authority must comply with any conditions or restrictions imposed in writing by the Treasury.

3

Conditions or restrictions may be imposed under subsection (2) in relation to—

a

proceedings generally; or

b

such proceedings, or categories of proceedings, as the Treasury may direct.