F1PART 1AThe Regulators

CHAPTER 3Further provisions relating to FCA and PRA

Directions relating to consolidated supervision

3PConsultation by regulator complying with direction

(1)

If the directed regulator is required by this Act to consult any person other than the supervising regulator before exercising the relevant function to which the direction relates, the directed regulator must give the supervising regulator copies of any written representations received from the persons consulted.

(2)

Expressions defined for the purposes of section 3M have the same meaning in this section.