Section 259(6)
FSMA 2000
Financial Services and Markets Act 2000 · United Kingdom
If the direction is given under section 257(2)(b) or section 258A(2) or (4), the scheme must be wound up— by a date specified in the notice; or if no date is specified, as soon as practicable.
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Source: legislation.gov.uk · retrieved 2026-09-04