362 [Powers of FCA and PRA] to participate in proceedings
Financial Services and Markets Act 2000 (2000 c 8) | Legislation

362  [Powers of FCA and PRA] to participate in proceedings

(1)     This section applies if a person . . . [makes an administration application under Schedule B1 to the 1986 Act] [or Schedule B1 to the 1989 Order] in relation to a company or partnership which—

(a)     is, or has been, an authorised person [or recognised investment exchange];

(b)     is, or has been, an appointed representative; or

(c)     is carrying on, or has carried on, a regulated activity in contravention of the general prohibition.

[(1A)     This section also applies in relation to—

(a)     the appointment under paragraph 14 or 22 of Schedule B1 to the 1986 Act [or paragraph 15 or 23 of Schedule B1 to the 1989 Order] of an administrator of a company of a kind described in subsection (1)(a) to (c), or

(b)     the filing with the court of a copy of notice of intention to appoint an administrator under [any] of those paragraphs.]

[(1B)     This section also applies in relation to—

(a)     the appointment under paragraph 22 of Schedule B1 to the 1986 Act (as applied

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