Section 165(7A)
FSMA 2000
Financial Services and Markets Act 2000 · United Kingdom
For the purposes of the exercise by virtue of subsection (7)(aa) of the powers conferred by subsections (1) and (3) in relation to a person who is not an authorised person, the reference in subsection (4)(a) to functions conferred by or under this Act is to be read as referring only to functions so conferred which relate to the carrying on of a designated activity.
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Source: legislation.gov.uk · retrieved 2026-09-04