Part X Rules and Guidance

Chapter II Guidance

158 Notification of guidance to the Treasury.

1

On giving any general guidance, the Authority must give the Treasury a copy of the guidance without delay.

2

If the Authority alters any of its general guidance, it must give written notice to the Treasury without delay.

3

The notice must include details of the alteration.

4

If the Authority revokes any of its general guidance, it must give written notice to the Treasury without delay.

C15

“General guidance” means guidance given by the Authority under section 157 which is—

a

given to persons generally, to regulated persons generally or to a class of regulated person;

b

intended to have continuing effect; and

c

given in writing or other legible form.

6

“Regulated person” has the same meaning as in section 157.