20 Authorised persons acting without permission
20 Authorised persons acting without permission

(1)     If an authorised person [other than a PRA-authorised person] carries on a regulated activity in the United Kingdom, or purports to do so, otherwise than in accordance with permission—

[(a)     given to that person under Part 4A, or]

(b)     resulting from any other provision of this Act,

he is to be taken to have contravened a requirement imposed on him by the [FCA] under this Act.

[(1A)     If a PRA-authorised person carries on a regulated activity in the United Kingdom, or purports to do so, otherwise than in accordance with permission given to the person under Part 4A or resulting

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