competent authority
An authority designated under Schedule 8 to the Financial Services and Markets Act 2000 as responsible for performing those functions under the Act or an authority exercising functions corresponding to those functions under the laws of another EEA state. In the UK, the relevant designated body (that is, the competent authority) is the Financial Services Authority. Section 73 of the Financial Services and Markets Act 2000 sets out the general duties and functions of the competent authority.
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Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

Look at other dictionaries:

  • Competent authority — A competent authority is any person or organization that has the legally delegated or invested authority, capacity, or power to perform a designated function. similarly, once an authority is delegated to perform a certain act, only the competent… …   Wikipedia

  • Competent Authority — The London Stock Exchange, which has been designated as the competent authority under the Financial Services Act 1986 for the purpose of regulating companies which are seeking an official listing. Dresdner Kleinwort Wasserstein financial glossary …   Financial and business terms

  • competent authority — qualified professional, knowledgeable authority, certified authority …   English contemporary dictionary

  • The Competent Authority — The London Stock Exchange, which has been designated as the competent authority under the Financial Services Act 1986 for the purpose of regulating companies which are seeking an official listing. Dresdner Kleinwort Wasserstein financial glossary …   Financial and business terms

  • competent — com·pe·tent / käm pə tənt/ adj 1: having or showing requisite or adequate ability or qualities a competent lawyer competent representation by counsel 2 a: free from addiction or mental defect that renders one incapable of taking care of oneself… …   Law dictionary

  • competent — Duly qualified; answering all requirements; having sufficient capacity, ability or authority; possessing the requisite physical, mental, natural or legal qualifications; able; adequate; suitable; sufficient; capable; legally fit. A testator may… …   Black's law dictionary

  • competent — Duly qualified; answering all requirements; having sufficient capacity, ability or authority; possessing the requisite physical, mental, natural or legal qualifications; able; adequate; suitable; sufficient; capable; legally fit. A testator may… …   Black's law dictionary

  • authority — Permission. Right to exercise powers; to implement and enforce laws; to exact obedience; to command; to judge. Control over; jurisdiction. Often synonymous with power. The power delegated by a principal to his agent. The lawful delegation of… …   Black's law dictionary

  • authority — Permission. Right to exercise powers; to implement and enforce laws; to exact obedience; to command; to judge. Control over; jurisdiction. Often synonymous with power. The power delegated by a principal to his agent. The lawful delegation of… …   Black's law dictionary

  • Competent tribunal — is a term used Article 5 paragraph 2 of the Third Geneva Convention, which states: Should any doubt arise as to whether persons, having committed a belligerent act and having fallen into the hands of the enemy, belong to any of the categories… …   Wikipedia

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