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Section 71V(2)

FSMA 2000

A relevant Part 5A direction takes effect— immediately, if the notice under subsection (1) states that that is the case, on such other date as may be specified in the notice, or if no date is specified in the notice, when the matter to which the notice relates is no longer open to review.

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