(1) This section applies if a receiver has been appointed in relation to a company which—
(a) is, or has been, an authorised person [or recognised investment exchange];
(b) is, or has been, an appointed representative; or
(c) is carrying on, or has carried on, a regulated activity in contravention of the general prohibition.
(2) The [appropriate regulator] is entitled to be heard on an application made under section 35 or 63 of the 1986 Act (or Article 45 of the 1989 Order).
(3) The [appropriate regulator] is entitled to make an application
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