F1PART 1AThe Regulators

Annotations:
Amendments (Textual)
F1

Pt. 1A substituted for Pt. 1 (24.1.2013 for specified purposes, 19.2.2013 for specified purposes, 1.4.2013 in so far as not already in force) by Financial Services Act 2012 (c. 21), ss. 6(1), 122(3) (with Sch. 20); S.I. 2013/113, art. 2(1)(b)(c)(2), Sch. Pts. 2, 3, 4; S.I. 2013/423, art. 3, Sch.

CHAPTER 3Further provisions relating to FCA and PRA

Power of PRA to restrain proposed action by FCA

3KRevocation of directions under section 3I or 3J

1

The PRA may at any time by notice to the FCA revoke a direction under section 3I or 3J.

2

The revocation of a direction under section 3I or 3J does not affect the validity of anything previously done in accordance with it.