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Section 429(7)

FSMA 2000

This subsection applies to a provision contained in an order if— it is the first to be made in the exercise of the power conferred by subsection (1) of section 326 or it removes a body from those for the time being designated under that subsection; or it is the first to be made in the exercise of the power conferred by subsection (6) of section 327 or it adds a description of regulated activity or investment to those for the time being specified for the purposes of that subsection.

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