Schedule 2, Part 4, paragraph 45(2)

The power to make rules under paragraph (1) is exercisable only if the FCA considers that the rules are necessary or expedient for the purpose of advancing one or more of its operational objectives referred to in section 1B(3) of the Act.

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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.