Section 29(4)
FSBRA 2013
Financial Services (Banking Reform) Act 2013 · United Kingdom
The PRA may specify a description of function under subsection (2)(a) only if, in relation to the carrying on of a regulated activity by a relevant PRA-authorised person of a particular description— the function is not a controlled function in relation to the carrying on of that activity by a relevant PRA-authorised person of that description, but the PRA is satisfied that the function is nevertheless a significant-harm function.
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Source: legislation.gov.uk · retrieved 2026-09-04