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Financial Services Act 2012

162.Paragraph 33 provides immunity for the PRA and its members, officers and staff from liability in damages except where they act in bad faith or where damages are sought under the Human Rights Act 1998. This immunity applies where the PRA or its staff are exercising investigative powers by virtue of an appointment by the FCA or the Bank under sections 97, 166 to 169 or 284 of FSMA.

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