Financial Services and Markets Act 2000

33 Withdrawal of authorisation by the Authority.U.K.

This section has no associated Explanatory Notes

(1)This section applies if—

(a)an authorised person’s Part IV permission is cancelled; and

(b)as a result, there is no regulated activity for which he has permission.

(2)The Authority must give a direction withdrawing that person’s status as an authorised person.