Part XXVIIOffences

Institution of proceedings

402Power of the Authority to institute proceedings for certain other offences

(1)

Except in Scotland, the Authority may institute proceedings for an offence under—

(a)

Part V of the M1Criminal Justice Act 1993 (insider dealing); or

(b)

prescribed regulations relating to money laundering.

(2)

In exercising its power to institute proceedings for any such offence, the Authority must comply with any conditions or restrictions imposed in writing by the Treasury.

(3)

Conditions or restrictions may be imposed under subsection (2) in relation to—

(a)

proceedings generally; or

(b)

such proceedings, or categories of proceedings, as the Treasury may direct.