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Section 312O(2)

FSMA 2023

A direction under section 312N takes effect— immediately, if the notice under subsection (1) states that this is the case, on such other date as may be specified in the notice, or if neither paragraph (a) or (b) applies, 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