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remedial direction

    (in accordance with section 308(8) of the Act (Directions by the Treasury)) a direction requiring the FSA:

      1. (a) to exercise its powers under section 297(2) of the Act to revoke the recognition order for a recognised body; or
      1. (b) to exercise its powers under section 296 of the Act by giving such directions to the recognised body concerned as may be specified in the direction.5