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Section 429(4)

FSMA 2000

This subsection applies to an order under section 21 if— it is the first order to be made, or to contain provisions made, under section 21(4); it varies an order made under section 21(4) so as to make section 21(1) apply in circumstances in which it did not previously apply; it is the first order to be made, or to contain provision made, under section 21(5); it varies a previous order made under section 21(5) so as to make section 21(1) apply in circumstances in which it did not, as a result of that previous order, apply; it is the first order to be made, or to contain provisions made, under section 21(9) or (10) , (10) or (10B); it adds one or more activities to those that are controlled activities for the purposes of section 21; or it adds one or more investments to those which are controlled investments for the purposes of section 21 ; or it adds one or more activities to those that are controlled claims management activities for the purposes of section 21.

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