Section 55E(5)

The FCA may— incorporate in the description of a regulated activity such limitations (for example as to circumstances in which the activity may, or may not, be carried on) as it considers appropriate; specify a narrower or wider description of regulated activity than that to which the application relates; give permission for the carrying on of a regulated activity which is not included among those to which the application relates and is not a PRA-regulated activity.

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