318 Exercise of powers through Council
Financial Services and Markets Act 2000 (2000 c 8) | Legislation

318  Exercise of powers through Council

(1)     [A regulator] may give a direction under this subsection to the Council or to the Society (acting through the Council) or to both.

(2)     A direction under subsection (1) is one given to the body concerned—

(a)     in relation to the exercise of its powers generally with a view to achieving, or in support of, a specified objective; or

(b)     in relation to the exercise of a specified power which it has, whether in a specified

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