PART 5A

Designated activities
CHAPTER 1

GENERAL PROVISIONS

Designated activities: enforcement
71Q
1
Designated activity regulations may make provision about enforcement in connection with this Part.
2
Provision about enforcement includes (among other things) provision—
a
requiring the supply of information;
b
about investigations (including the making of reports);
c
conferring powers of entry;
d
conferring powers of inspection, search and seizure;
e
conferring powers of censure;
f
imposing monetary penalties;
g
about appeals;
h
conferring functions (including functions involving the exercise of a discretion) on a person.
3
Designated activity regulations may in particular make provision for the purposes of subsection (1) by applying provisions of this Act with or without modifications, including any criminal offences created by this Act (and modifications made by virtue of this subsection may widen the scope of any such offences).
4
The power under this section includes power to amend or repeal provisions of this Act.
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