[312N Power of direction]

[312N  Power of direction]

[(1)     A relevant regulator may, if it appears to the regulator to be necessary or expedient for the purpose of advancing any of its objectives, direct a critical third party to—

(a)     do anything specified in the direction, or

(b)     refrain from doing anything specified in the direction.

(2)     A direction under this section—

(a)     must be given by notice in writing,

(b)

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