358 [Powers of FCA and PRA] to participate in proceedings: trust deeds for creditors in Scotland
Financial Services and Markets Act 2000 (2000 c 8) | Legislation

358  [Powers of FCA and PRA] to participate in proceedings: trust deeds for creditors in Scotland

(1)     This section applies where a trust deed has been granted by or on behalf of a debtor who is an authorised person [or recognised investment exchange].

(2)     The trustee must, as soon as practicable after he becomes aware that the debtor is an authorised person [or recognised investment

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