59 Approval for particular arrangements
Financial Services and Markets Act 2000 (2000 c 8) | Legislation

Approval

59  Approval for particular arrangements

(1)     An authorised person (“A”) must take reasonable care to ensure that no person performs a controlled function under an arrangement entered into by A in relation to the carrying on by A of a regulated activity, unless [that person is acting in accordance with an approval given by the appropriate regulator under this section].

(2)     An authorised person (“A”) must take reasonable care to ensure that no person performs a controlled function under an arrangement entered into by a contractor of A in relation to the carrying on by A of a regulated activity, unless [that person is acting in accordance

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