Financial Services and Markets Act 2000

108 Requirements on applicants.U.K.

This section has no associated Explanatory Notes

(1)The Treasury may by regulations impose requirements on applicants under section 107.

(2)The court may not determine an application under that section if the applicant has failed to comply with a prescribed requirement.

(3)The regulations may, in particular, include provision—

(a)as to the persons to whom, and periods within which, notice of an application must be given;

(b)enabling the court to waive a requirement of the regulations in prescribed circumstances.

Modifications etc. (not altering text)

C1S. 108 applied (1.12.2001) by S.I. 2001/3626, arts. 1, 3(a)(b)

Commencement Information

I1S. 108 wholly in force at 1.12.2001; s. 108 not in force at Royal Assent see s. 431(2); s. 108 in force for certain purposes at 25.2.2001 by S.I. 2001/516, art. 2 Sch. Pt. 2; s. 108 in force in so far as not already in force at 1.12.2001 by S.I. 2001/3538, art. 2(1)