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Schedule 11, Part 4, paragraph 6(1)

FSMA 2023

If the Bank is satisfied that the conditions in paragraph 7(1), (2) and (4) are met in relation to a CCP, the Bank may appoint a person to act (or more than one persons to act jointly) as a temporary manager of that CCP.

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