(a) a receiver has been appointed in relation to a company, and
(b) it appears to the receiver that the company is carrying on, or has carried on, a regulated activity in contravention of the general prohibition [or a credit-related regulated activity in contravention of section 20],
the receiver must report the matter [without delay to the FCA and, if the regulated activity concerned is a PRA-regulated activity, to the PRA].
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