[3I Power of PRA to require FCA to refrain from specified action]
[3I Power of PRA to require FCA to refrain from specified action]

[(1)     Where the first, second and third conditions are met, the PRA may give a direction under this section to the FCA.

(2)     The first condition is that the FCA is proposing—

(a)     to exercise any of its regulatory powers in relation to PRA-authorised persons generally, a class of PRA-authorised persons or a particular PRA-authorised person, or

(b)     to exercise any of its insolvency powers in relation to—

(i)     a PRA-authorised person,

(ii)     an appointed representative whose principal, or one of whose principals, is a PRA-authorised person, or

[. . .]