Financial Services Act 1986 (repealed)
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Change 1
65 Restriction of business.
(1) The Secretary of State may prohibit an authorised person from— (a) entering into transactions of any specified kind or entering into them except in specified circumstances or to a specified extent; (b) soliciting business from persons of a specified kind or otherwise than from such persons or in a specified country or territory outside the United Kingdom; (c) carrying on business in a specified manner or otherwise than in a specified manner. (2) A prohibition under this section may relate to transactions entered into in connection with or for the purposes of investment business or to other business which is carried on in connection with or for the purposes of investment business.
65 Restriction of business.
(1) The Secretary of State may prohibit an authorised person from— (a) entering into transactions of any specified kind or entering into them except in specified circumstances or to a specified extent; (b) soliciting business from persons of a specified kind or otherwise than from such persons or in a specified country or territory outside the United Kingdom; (c) carrying on business in a specified manner or otherwise than in a specified manner. (2) A prohibition under this section may relate to transactions entered into in connection with or for the purposes of investment business or to other business which is carried on in connection with or for the purposes of investment business.
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