Section 3(2)

The PRA is designated to carry out any duty of a competent authority that relates to a PRA authorised person where the PRA has the function of carrying out that duty under— these Regulations; Parts 4A , 12 to 15, 22, and 25 of the Act ... ; or rules made under section 137G (the PRA's general rules) of the Act or any other subordinate legislation conferring functions on the PRA made under the Act.

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