3.—(1) Except where paragraph (2) applies, where both the Gambling Commission and the Financial Conduct Authority are an appropriate collection authority with power to exercise functions under Part 3 of the Act in respect of a person, the Financial Conduct Authority is the appropriate collection authority which is to exercise those functions.
(2) This paragraph applies where the Gambling Commission and the Financial Conduct Authority agree that the Gambling Commission will be the appropriate collection authority which is to exercise those functions in respect of a person.
(3) Where paragraph (2) applies, the Gambling Commission must notify the person in writing.
(4) Where, after the Gambling Commission has notified a person that the Gambling Commission will be the appropriate collection authority in accordance with paragraph (3), the Gambling Commission and the Financial Conduct Authority agree that the Financial Conduct Authority will be the appropriate collection authority which is to exercise functions under Part 3 of the Act in respect of a person, the Financial Conduct Authority must notify the person in writing.