Section 192C(5)

In deciding whether to give a direction under this section, a regulator must have regard— to the desirability where practicable of exercising its powers in relation to authorised persons or recognised investment exchanges rather than its powers under this section, and to the principle that a burden or restriction which is imposed on a person should be proportionate to the benefits, considered in general terms, which are expected to result from its imposition.

← 4 · All articles · 6 →

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