Schedule 11, Part 6, paragraph 134(2)
FSMA 2023
Financial Services and Markets Act 2023 · United Kingdom
If the affairs of a body corporate are managed by its members, sub-paragraph (1) applies in relation to the acts and defaults of a member in connection with that member’s functions of management as if that member were a director of the body.
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Source: legislation.gov.uk · retrieved 2026-09-04