Section 362(1)

This section applies if a person ... makes an administration application under Schedule B1 to the 1986 Act or Schedule B1 to the 1989 Order in relation to a company or partnership which— is, or has been, an authorised person or recognised investment exchange; is, or has been, an appointed representative; or is carrying on, or has carried on, a regulated activity in contravention of the general prohibition.

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