Section 394(2)
FSMA 2000
Financial Services and Markets Act 2000 · United Kingdom
But the regulator giving the notice does not have to allow A access to material under subsection (1) if the material is excluded material or it— relates to a case involving a person other than A; and was taken into account by the regulator giving the notice in A’s case only for purposes of comparison with other cases.
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Source: legislation.gov.uk · retrieved 2026-09-04