(1) No person may carry on a regulated activity in the United Kingdom, or purport to do so, unless he is -
(a) an authorised person; or
(b) an exempt person.
(2) The prohibition is referred to in this Act as the general prohibition.
(1) No person may carry on a regulated activity in the United Kingdom, or purport to do so, unless he is -
(a) an authorised person; or
(b) an exempt person.
(2) The prohibition is referred to in this Act as the general prohibition.