Financial Services Bill — Report (5th Day) — 28 Nov 2012 at 17:53
Amendment 107AH not moved.
Clause 76 : Power of Treasury to require FCA or PRA to undertake investigation
Amendment 107B
Moved by Lord Sassoon
107B: Clause 76, page 152, line 6, leave out from beginning to "give" in line 7 and insert-
"(1) This section applies where-
(a) the Treasury consider that it is in the public interest that either regulator should undertake an investigation into any relevant events, and
(b) it does not appear to the Treasury that the regulator has undertaken or is undertaking an investigation (under this Part or otherwise) into those events.
(1A) The Treasury must"
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