Section 39(4)

In determining whether an authorised person has complied with— anything which a relevant person has done or omitted as respects business for which the authorised person has accepted responsibility is to be treated as having been done or omitted by the authorised person. a provision contained in or made under this Act, ... a provision contained in or made under the Securitisation Regulations 2024, or a qualifying provision that is specified, or of a description specified, for the purposes of this subsection by the Treasury by order,

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