365 [Powers of FCA and PRA] to participate in proceedings
365 [Powers of FCA and PRA] to participate in proceedings

(1)     This section applies in relation to a company which—

(a)     is being wound up voluntarily;

(b)     is an authorised person [or recognised investment exchange]; and

(c)     is not an insurer effecting or carrying out contracts of long-term insurance.

(2)     The [appropriate regulator] may apply to the court under section 112 of the 1986 Act (or Article 98 of the 1989 Order) in respect of the company.

(3)     The [appropriate regulator] is entitled to be heard at any hearing of the court in relation to the voluntary winding up of the company.

(4)     Any notice or other document required to be sent to

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