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Schedule 11, Part 7, paragraph 145(2)

FSMA 2023

The Bank must make an instrument which— recognises the action, refuses to recognise the action, or recognises part of the action and refuses to recognise the remainder. An instrument within paragraph (a), (b) or (c) is a “third-country instrument” (as is an instrument under paragraph 146).

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Source: legislation.gov.uk · retrieved 2026-09-04 · Text as consolidated on 2026-07-13; changes after this date are not shown.