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”