330 Consultation
Financial Services and Markets Act 2000 (2000 c 8) | Legislation

330  Consultation

(1)     Before giving a direction under section 328(1), the [FCA] must publish a draft of the proposed direction.

(2)     The draft must be accompanied by—

(a)     a cost benefit analysis; and

(b)     notice that representations about the proposed direction may be made to the [FCA] within a specified time.

(3)     Before giving the proposed direction, the [FCA] must have regard to any representations made to it in accordance with subsection (2)(b).

(4)     If the [FCA] gives the proposed direction it must publish an account, in general terms, of—

(a)     the representations made to it in accordance with subsection (2)(b); and

(b)

Powered by Lexis+®
 

Popular documents

LEXISNEXIS

Pre-trial and case management hearings in the Crown Court

Pre-trial and case management hearings in the Crown CourtCoronavirus (COVID-19): This Practice Note contains guidance on subjects impacted by the Coronavirus Act 2020 (CA 2020). CA 2020, among other measures, makes provision for the extended use of live links and audio links in criminal proceedings.

LEXISNEXIS

False imprisonment

False imprisonmentLiabilityFalse imprisonment consists of the complete deprivation of liberty without a lawful basis. Claims will in practice be made against a public body that exercises detention powers, usually a local police force, the Secretary of State for the Home Department or the Secretary

LEXISNEXIS

Subrogation in insurance and reinsurance

Subrogation in insurance and reinsuranceWhat is the right of subrogation?In the context of insurance and reinsurance, the right of subrogation entitles an insurer or reinsurer, having indemnified the (re)insured, to ‘step into its shoes’ to bring an action in the (re)insured’s name. For the purpose

LEXISNEXIS

Possession of a bladed article

Possession of a bladed articleThe offence of possession of a bladed articleThe offence of having a bladed article in a public place can be tried in either the magistrates' court or the Crown Court. The magistrates' court will decline jurisdiction in those cases where it appears that its powers of