279 Revocation of recognition
279 Revocation of recognition
Financial Services and Markets Act 2000 (2000 c 8) | Legislation

The [FCA] may . . . revoke an order under section 272 if it appears to the [FCA]—

(a)     that the operator, trustee or depositary of the scheme has contravened a requirement imposed on him by or under this Act;

(b)     that the operator, trustee or depositary of the scheme has, in purported compliance with any such requirement, knowingly or recklessly given the [FCA] information which is false or misleading in a material particular;

(c)     . . . that one or more of the requirements for the making of the order are no longer satisfied; or

(d)     that none of paragraphs (a) to (c) applies,

263 . . .
270 . . .
271 . . .

Popular documents

LEXISNEXIS

Qualified one-way costs shifting (QOCS)

What is QOCS?Qualified one-way costs shifting (QOCS) was introduced on 1 April 2013 as part of the Jackson costs reforms following the removal of a claimant’s right to recover additional liabilities from the defendant, ie success fees and after the event (ATE) insurance premiums. The relevant CPR

LEXISNEXIS

Issue of redeemable shares

A limited company that proposes to issue redeemable shares must comply with the provisions of the Companies Act 2006 (CA 2006).Why do companies issue redeemable shares?A company may wish to issue redeemable shares so that it has an alternative way to return surplus capital to shareholders without

LEXISNEXIS

Promissory estoppel

For guidance on the basic features of the doctrine of estoppel and the different classifications it has been subject to, see Practice Note: Estoppel—what, when and how to plead and related content.Promissory estoppel—what is it?Where A has, by words or conduct, made to B a clear and unequivocal

LEXISNEXIS

Introduction to passing off

Unlike many other countries, the UK has no unfair competition law. Brand owners seeking to prevent competitors from marketing ‘copycat’ products or using misleading advertising have to rely on a combination of different intellectual property rights. These rights include the common law right to