s 31
(1) Section 401 (proceedings for an offence) applies to the Bank as if for the purposes of subsections (2)(a) and (3)(a) of that section the Bank were an appropriate regulator in respect of each of the following offences— (a) an offence under section 177(3) where the investigation is being, or is likely to be, conducted on behalf of the Bank; (b) an offence under section 177(4) where the requirement is imposed by the Bank; (c) an offence under section 177(6) where the warrant is issued as a result of information on oath given by the Bank or a person appointed by it to conduct an investigation on its behalf; (d) an offence under section 398(1) where the information was given to the Bank. (2) Section 401(3B) has effect subject to the provision made by this paragraph (so that the FCA is not the appropriate regulator for the purposes of subsections (2)(a) and (3)(a) in respect of the above offences).