Section 55H(2)

The FCA may, on the application of an authorised person who has a Part 4A permission but is not a PRA-authorised person, vary the permission by— adding a regulated activity, other than a PRA-regulated activity, to those to which the permission relates; removing a regulated activity from those to which the permission relates; varying the description of a regulated activity to which the permission relates.

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