Section 165C(1A)

Condition A is that the Treasury consider that— pose, or would be likely to pose, a serious threat to the stability of the UK financial system. the activities carried on by the prescribed person or persons of the prescribed description, or the way in which those activities (or any part of them) are carried on, or any failure to carry on those activities (or any part of them),

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Source: legislation.gov.uk · retrieved 2026-09-04