[224E Grounds for declining to act]
[224E Grounds for declining to act]

[(1)     This section sets out the grounds referred to in section 224D(2) and (4).

(2)     The first ground is that the FSCS manager is not satisfied that it will be able to obtain any information required in order to comply with the section 224C notice.

(3)     The second ground is that the FSCS manager is not satisfied that it will be able to obtain any advice or other assistance from the manager of the relevant scheme that is required in order to comply with the section 224C notice.

(4)     The third ground is—