Section 138R(8)
FSMA 2000
Financial Services and Markets Act 2000 · United Kingdom
If the Treasury do not approve the instrument, they must— set out in the notice given under subsection (6) the Treasury’s reasons for not approving the instrument; lay before Parliament— a copy of that notice; a copy of any statement made by the regulator as to its reasons for wishing to make the instrument.
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Source: legislation.gov.uk · retrieved 2026-09-04