Financial Services Act 2012

This section has no associated Explanatory Notes

11In section 364 (receiver's duty to report to Authority)—

(a)in paragraph (b), after “prohibition” insert “or a credit-related regulated activity in contravention of section 20”,

(b)for “to the Authority without delay” substitute “without delay to the FCA and, if the regulated activity concerned is a PRA-regulated activity, to the PRA”, and

(c)in the heading, for “Authority” substitute “FCA and PRA”.