Financial Holding Companies Act 2013 · s 51

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s 51Remuneration and expenses of Authority and others in certain cases

The Authority may at any time fix the remuneration and expenses to be paid by a designated financial holding company —

(a)

to a statutory adviser or statutory manager appointed in relation to the designated financial holding company, whether or not the appointment has been revoked; and

(b)

where the Authority has assumed control of the relevant business of the designated financial holding company, to the Authority and any person appointed by the Authority under section 61 in relation to its assumption of control of the relevant business, whether or not the Authority has ceased to be in control of the relevant business.