(1) In this section a “relevant recognised scheme” means a scheme recognised under section . . . 272.
(2) If it appears to the [FCA] that—
(a) the operator, trustee or depositary of a relevant recognised scheme has contravened, or is likely to contravene, a requirement imposed on him by or under this Act,
(b) the operator, trustee or depositary of such a 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) one or more of the requirements for the recognition of [such a scheme] are no longer satisfied, or
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