Section 10(9)

The following provisions apply in relation to requirements imposed by the Bank under this paragraph as they apply in relation to requirements imposed by the FCA under section 55L, with the modifications in sub-paragraph (10)— section 55L(6) (power to refuse application to impose etc requirements); section 55N (further provision in relation to requirements); section 55P (prohibitions and restrictions); section 55Q (exercise of power in support of overseas regulator); section 55R(1) (persons connected with applicant); section 55U(3) to (8) (applications for requirement to be imposed etc); section 55V(1) to (6) (determination of applications); section 55X(2) and (4)(f) (warning and decision notices on refusal of applications); section 55Y (exercise of own-initiative power: procedure); section 55Z3(1) and (2) (right to refer matters to the Tribunal).

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