Financial Services Act 2012

This section has no associated Explanatory Notes

2In section 355 (interpretation of Part 24) at the end of subsection (1) insert—

  • “PRA-regulated person” means a person who—

    (a)

    is or has been a PRA-authorised person,

    (b)

    is or has been an appointed representative whose principal (or one of whose principals) is, or was, a PRA-authorised person, or

    (c)

    is carrying on or has carried on a PRA-regulated activity in contravention of the general prohibition.