328 Directions in relation to the general prohibition
328 Directions in relation to the general prohibition

(1)     The [FCA] may direct that section 327(1) is not to apply to the extent specified in the direction.

(2)     A direction under subsection (1)—

(a)     must be in writing;

(b)     may be given in relation to different classes of person or different descriptions of regulated activity.

(3)     A direction under subsection (1) must be published in the way appearing to the [FCA] to be best calculated to bring it to the attention of the public.

(4)     The [FCA] may charge a reasonable fee for providing a person with a copy of the direction.

(5)     The [FCA] must, without delay, give the Treasury a copy of any direction which it gives under this section.

[(6)     The [FCA] may exercise the power conferred by subsection (1) only if it is satisfied either—