[66B Misconduct: action by the PRA]

[66B  Misconduct: action by the PRA]

[(1)     For the purposes of action by the PRA under section 66, a person is guilty of misconduct if any of conditions A to C is met in relation to the person.

(2)     Condition A is that—

(a)     the person has at any time failed to comply with rules made by the PRA under section 64A, and

(b)     at that time the person was—

(i)     an approved person, . . .

(ii)     an employee of a . . . PRA-authorised person[, or

(iii)     a director of a PRA-authorised person].

(3)     Condition B is that—

(a)     the person has at any time been knowingly concerned in a contravention of a relevant requirement by a PRA-authorised person, and

(b)

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