Part 5 Injunctions and Restitution
Financial Services Act 2012 (2012 c 21) | Legislation

Part 5 Injunctions and Restitution

19

(1)     Section 380 (injunctions) is amended as follows.

(2)     In subsections (1) to (3), for “Authority†substitute “appropriate regulatorâ€.

(3)     In subsection (6)(a)—

(a)     in the opening words, for “Authority†substitute “appropriate regulatorâ€,

(b)     for sub-paragraph (i) (but not the “or†following it) substitute—

“(i)     which is imposed by or under this Act or by a qualifying EU provision specified, or of a description specified, for the purposes of this subsection by the Treasury by orderâ€, and

(c)     in sub-paragraph (ii), for the words from “which the Authority†to the end substitute “mentioned in section 402(1)â€.

(4)     In subsection (7), omit paragraph (a) (and the “and†at the end of it).

(5)     After subsection (7) insert—

“(8)     The PRA is the “appropriate regulator†in the case of a contravention of—

(a)     a requirement that is imposed by the PRA under any provision of this Act,

(b)     a requirement under section 56(6) where the authorised person concerned is a PRA-authorised person and the prohibition order concerned is made by the PRA, or

(c)     a requirement under section 59(1) or (2) where the authorised person concerned is a PRA-authorised person and the

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