[88F Action under s 88E: procedure]
Financial Services and Markets Act 2000 (2000 c 8) | Legislation

[88F  Action under s 88E: procedure]

[(1)     Action against a sponsor under section 88E takes effect—

(a)     immediately, if the notice given under subsection (3) so provides, or

(b)     on such later date as may be specified in the notice.

(2)     If the FCA—

(a)     proposes to take action against a sponsor under that section, or

(b)     takes action against a sponsor under that section with immediate effect,

it

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