[89V Action under s 89U: procedure]
Financial Services and Markets Act 2000 (2000 c 8) | Legislation

[89V  Action under s 89U: procedure]

[(1)     Action against a provider under section 89U takes effect—

(a)     immediately, if the notice given under subsection (2) 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 provider under that section, or

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

it

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