This section has no associated Explanatory Notes
7(1)Section 167 (appointment of investigator in general cases) is amended as follows.U.K.
(2)In subsection (1), for “the Authority or the Secretary of State (“the investigating authority”)” substitute “ an investigating authority ”.
(3)After subsection (5) insert—
“(5A)Investigating authority” means—
(a)in relation to a recognised investment exchange, the Secretary of State or the FCA;
(b)in relation to an authorised person or former authorised person, the FCA or the PRA;
(c)in relation to an appointed representative or former appointed representative, the FCA or the PRA.”
Commencement Information
I1Sch. 12 para. 7 in force at 1.4.2013 by S.I. 2013/423, art. 3, Sch.