This section has no associated Explanatory Notes
14(1)Section 367 (winding-up petitions) is amended as follows.U.K.
(2)In subsection (1)—
(a)for “Authority” substitute “ FCA ”, and
(b)in paragraph (a), after “authorised person” insert “ or recognised investment exchange ”.
(3)After that subsection insert—
“(1A)The PRA may present a petition to the court for the winding up of a body which is a PRA-regulated person.”
(4)In subsection (2), for “subsection (1)” substitute “ subsections (1) and (1A) ”.
(5)In subsection (6), after “(1)” insert “ or (1A) ”.
Commencement Information
I1Sch. 14 para. 14 in force at 1.4.2013 by S.I. 2013/423, art. 3, Sch.