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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 5 April 2024 - onwards
Version 2 of 2

Regulation 22 Application of Part 25 of FSMA 2000 (injunctions and restitution)

(1) Part 25 of FSMA 2000 [Part 25 was amended by paragraphs 19, 21, 23, 24 and 25 of Schedule 9 to the Financial Services Act 2012, paragraph 3 of Schedule 10 to the Financial Services (Banking Reform) Act 2013 and S.I. 2007/126, 2013/1773, 2015/1775, 2016/225 and 680 and 2019/632. There are other amendments but none is relevant.] (injunctions and restitution) applies for the purposes of these Regulations and FSMA 2000 as applied by these Regulations, with the following modifications.

(2) Part 25 FSMA 2000 applies as if -

(a) each reference to that Act included a reference to these Regulations;

(b) each reference to a section of that Act were a reference to that section as applied by these Regulations;

(c) each reference to a regulator, the regulator concerned or the appropriate regulator were a reference to the FCA;

(d) references to the Secretary of State were omitted;

(e) each reference to a relevant requirement were a reference to a requirement which is imposed by or under these Regulations, or that Act as applied by these Regulations.

(3) Section 380 of FSMA 2000 applies as if subsections (6) to (12) were omitted.