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Section 71P(2)

FSMA 2000

A contravention of a requirement under designated activity regulations or designated activity rules— does not, except as provided by designated activity regulations under section 71Q or by regulations under section 71R, make a person guilty of an offence; does not, except as provided by designated activity regulations— make any transaction void or unenforceable, or give rise to any action for breach of statutory duty.

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