First Schedule Supplementary Provisions in Relation to a Direction by Supervisory Authority under Section 21 of this Act
1. Interpretation: First Schedule.
In this Schedule -
'direction' means a direction given by a supervisory authority under section 21 of this Act;
'investment business firm' includes -
(a) a proposed investment business firm, and
(b) an authorised investment business firm, and
(c) a former authorised investment business firm, and
(d) a person who the supervisory authority has reasonable grounds to believe is acting as an investment business firm, and
(e) an associated undertaking or related undertaking, and
(f) directors and those responsible for managing an investment business firm.
2. Supervisory authority may revoke direction.