(1) Section 165 (Authority's power to require information) has effect until commencement as if -

(a) each reference to an authorised person (except the references in subsections (7)(b) and (8)) included a reference to a regulated person in relation to whom the Authority has reasonable grounds to believe that it will be able to impose a requirement under that section immediately after commencement;

(b) the reference in subsection (4) to information and documents reasonably required in connection with the exercise by the Authority of functions conferred on it by or under the Act -

(i) so far as that subsection relates to documents and information held by or on behalf of -

(aa) a regulated person who falls within paragraph (j) of the definition of that term, or

(bb) a person connected with such a person,