Section 71D(4)

The condition in this subsection is met if the following action would not be sufficient to reverse the deterioration or bring the infringement to an end— in the case of a relevant firm, the imposition of one or more requirements under section 71B (removal and replacement of directors and senior executives); or in the case of a parent undertaking which is not a relevant firm, the exercise of any of the appropriate regulator’s powers under Part 12A.

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