Section 261R(1)
FSMA 2000
Financial Services and Markets Act 2000 · United Kingdom
If the FCA proposes to refuse approval of a proposal under section 261Q to replace the depositary or operator of an authorised contractual scheme, it must give a warning notice to the person by whom notice of the proposal was given under section 261Q(4) or (5).
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Source: legislation.gov.uk · retrieved 2026-09-04