(1) If the FCA considers it desirable or expedient because of the exercise or possible exercise of a relevant power, it may direct a recognised investment exchange, recognised clearing house or recognised CSD -
(a) to terminate, suspend or limit the scope of any inquiry which the exchange, clearing house or central securities depository is conducting under its rules; or
(b) not to conduct an inquiry which the exchange, clearing house or central securities depository proposes to conduct under its rules.
(2) A direction under this section -
(a) must be given to the exchange, clearing house or central securities depository concerned by notice in writing; and
(b) is enforceable, on the application of the FCA, by injunction or, in Scotland, by an order under section 45 of the Court of Session Act 1988 [1988 c. 36.].
(3) In this section "relevant power" means the FCA’s power -
(a) to impose a penalty or publish a statement of censure under section 123;
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