(1) If the [FCA] considers it desirable or expedient because of the exercise or possible exercise of a [relevant power], it may direct a recognised investment exchange[, recognised clearing house or recognised CSD]—
(a) to terminate, suspend or limit the scope of any inquiry which the exchange[, clearing house or central securities depository] is conducting under its rules; or
(b) not to conduct an inquiry which the exchange[, clearing house or central securities depository] proposes to conduct under its rules.
(2) A direction under this section—
(a) must be given to the exchange[, clearing house or central
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