Section 271M(2)
FSMA 2000
Financial Services and Markets Act 2000 · United Kingdom
A direction under section 271L may be expressed to take effect immediately or on a specified day only if the FCA, having regard to its reason for giving the direction, reasonably considers that it is necessary for the direction to take effect immediately or on that day (as appropriate).
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Source: legislation.gov.uk · retrieved 2026-09-04