Skip to content
In forceUpdated to 30 Jun 2025
Contents

Part 7 · Control Over Financial Institutions

45. Remuneration 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 relevant financial institution —

(a)

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or statutory adviser appointed in relation to the relevant financial institution, whether or not the appointment has been revoked; and

(b)

where the Authority has assumed control of the relevant business of the relevant financial institution, to the Authority and any person appointed by the Authority under section 179 in relation to the Authority’s assumption of control of the relevant business, whether or not the Authority has ceased to be in control of the relevant business.

Report

Part 8

Resolution of Financial Institutions

Part 9

Digital Token Service Providers

Part 10

Inspection Powers of Authority

Part 10A

Investigations

Part 11

Offences

Part 12

Miscellaneous

Part 13

Consequential and Related Amendments to Other Acts

Part 14

Savings and Transitional Provisions

Schedules