Section 16(4)

The Treasury may by regulations— impose, or provide for the FCA to impose, a levy on data holders or third party recipients for the purpose of meeting expenses incurred, or to be incurred, during a period by the FCA, or by a person acting on the FCA’s behalf, in performing duties, or exercising powers, imposed or conferred on the FCA by regulations under section 14, and make provision about what must or may be done with funds raised by means of the levy.

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