Section 71L: Restrictions on carrying on of designated activities

Financial Services and Markets Act 2000 · 2000 c. 8View on legislation.gov.uk

Part 5A: Designated activities — CHAPTER 1: GENERAL PROVISIONS

A person must not carry on a designated activity if, or to the extent that, designated activity regulations prohibit the carrying on of that activity.

A person carrying on a designated activity that is not prohibited by virtue of subsection (1) must comply with—

designated activity rules relating to that activity, and
any other requirements imposed in relation to that activity by designated activity regulations.

For the purposes of this Act designated activity rules are rules made under section 71N.

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Reuse reviewed 21 August 2026 under Open Government Licence v3.0.