(1) The appropriate regulator may give notice in writing (a ''restriction notice'') to a person in the following circumstances.
(2) The circumstances are that -
(a) the person has control over a UK authorised person by virtue of holding shares or voting power; and
(b) in relation to the shares or voting power, the appropriate regulator has given the person a warning notice or a decision notice under section 189 or 191A or a final notice which confirms a decision notice given under section 189 or 191A.
(2A) Where the appropriate regulator is the PRA, it must consult the FCA before giving a restriction notice under this section.
(2B) Where the appropriate regulator is the FCA, it must consult the PRA before giving a restriction notice under this section if -
(a) the UK authorised person has as a member of its immediate group a PRA-authorised person, or
(b) the person to whom the restriction notice is to be given is a PRA-authorised person.
(3) In a restriction notice, the appropriate reg
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