PART 5A

Designated activities
CHAPTER 1

GENERAL PROVISIONS

Designated activity regulations: general
71M
1
Designated activity regulations may make provision generally in relation to the carrying on of designated activities.
2
The following are examples of provision that may be made by designated activity regulations—
a
provision about cases in which the restrictions imposed by section 71L are to apply to persons carrying on a designated activity outside the United Kingdom;
b
provision supplementing, or in connection with, any requirements relating to a designated activity under designated activity rules.
3
Designated activity regulations may—
a
provide for exemptions (including exemptions that are subject to specified conditions);
b
confer powers on the Treasury or the FCA.
Pt. 5A inserted (29.8.2023) by Financial Services and Markets Act 2023 (c. 29), ss. 8(2), 86(3); S.I. 2023/779, reg. 4(e)
Pt. 5A Ch. 1 heading inserted (14.1.2025) by The Financial Services and Markets Act 2000 (Designated Activities) (Supervision and Enforcement) Regulations 2025 (S.I. 2025/22), reg. 1(2), Sch. para. 2