ENF 1.5 Using the Enforcement manual

Since most of1 the FSA's enforcement powers are derived from the Act, the manual contains a large number of references to the Act. In some instances, the manual quotes the Act directly (this is shown in the text by quotation marks) although, where possible, it uses Handbook definitions in place of the actual wordings of the Act. In other cases, where reproducing the entire statutory provision would need a lengthy quotation, or considerable further explanation, the relevant provision of the Act has been summarised. So, users of the manual should refer to the Act as well as to the manual where necessary.

In the event of any discrepancy between the manual and the Act, the provisions of the Act prevail.

It is a person's responsibility to ensure that his actions comply with the Act at all times, and to seek professional advice where necessary.