[261Y Applications to the court]
Financial Services and Markets Act 2000 (2000 c 8) | Legislation

[261Y  Applications to the court]

[(1)     If the FCA could give a direction under section 261X, it may also apply to the court for an order—

(a)     removing the operator or the depositary, or both the operator and the depositary, of the scheme; and

(b)     replacing the person or persons removed with a suitable person or persons nominated by the

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