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Schedule 1, Part 4, paragraph 22(9)

Section 395 of the Act (the FCA's and PRA's procedures) applies as if— in subsection (1) paragraph (b)(ii) were omitted; in subsection (9) “other than a warning notice or decision notice relating to a decision of the PRA that is required by a decision of the FCA of the kind mentioned in subsection (1)(b)(ii)” were omitted; subsection (9A) were omitted; for subsection (13) there were substituted— “Supervisory notice” means a notice given in accordance with regulation 28(4) (FCA power to intervene), 36(4) (FCA power to impose requirements) or 40(3) or (6) (removal of persons from management boards: procedure) of the Financial Services and Markets Act 2000 (Markets in Financial Instruments) Regulations 2017.

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