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

(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).