Regulation 39 Meaning of “permission” and “protected item” in this Part
In this Part—
“permission” means a decision made by F2the PRA in relation to an institution under a power conferred on F3the PRA by—
- (a)
the capital requirements regulation; F4...
- (aa)
F5section 144G of FSMA and CRR rules (as defined in Part 9D of FSMA);
- (ab)
section 192XC of FSMA and section 192XA rules (as defined in Part 12B of FSMA);
- (b)
F6any of the Specified EU Regulations under the Capital Requirements Regulation, as amended from time to time; or
- (c)
- (a)
“protected item” has the same meaning as in section 413 of FSMA.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Annotations
Textual amendments
- F1
Reg. 39 renumbered as reg 39(1) (9.6.2021) by Financial Services Act 2021 (c. 22), s. 49(5), Sch. 3 para. 22(2) (with Sch. 3 Pt. 4); S.I. 2021/671, reg. 2(d)
- F2
Words in reg. 39(1) substituted (1.1.2022) by The Financial Services Act 2021 (Prudential Regulation of Credit Institutions and Investment Firms) (Consequential Amendments and Miscellaneous Provisions) Regulations 2021 (S.I. 2021/1376), regs. 1(3), 16(16)(a)(i)
- F3
Words in reg. 39(1) substituted (1.1.2022) by The Financial Services Act 2021 (Prudential Regulation of Credit Institutions and Investment Firms) (Consequential Amendments and Miscellaneous Provisions) Regulations 2021 (S.I. 2021/1376), regs. 1(3), 16(16)(a)(ii)
- F4
Word in reg. 39 omitted (31.12.2020) by virtue of The Capital Requirements (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1401), regs. 1(3), 27(a) (with savings in S.I. 2019/680, reg. 11); 2020 c. 1, Sch. 5 para. 1(1)
- F5
Words in reg. 39(1) inserted (9.6.2021) by Financial Services Act 2021 (c. 22), s. 49(5), Sch. 3 para. 22(3) (with Sch. 3 Pt. 4); S.I. 2021/671, reg. 2(d)
- F6
Words in reg. 39 substituted (31.12.2020) by The Capital Requirements (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1401), regs. 1(3), 27(b) (with savings in S.I. 2019/680, reg. 11); 2020 c. 1, Sch. 5 para. 1(1)
- F7
Words in reg. 39 inserted (31.12.2020) by The Capital Requirements (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1401), regs. 1(3), 27(c) (with savings in S.I. 2019/680, reg. 11); 2020 c. 1, Sch. 5 para. 1(1)
- F8
Words in reg. 39(1) omitted (1.1.2022) by virtue of The Financial Services Act 2021 (Prudential Regulation of Credit Institutions and Investment Firms) (Consequential Amendments and Miscellaneous Provisions) Regulations 2021 (S.I. 2021/1376), regs. 1(3), 16(16)(a)(iii)
- F9
Reg. 39(2) omitted (1.1.2022) by virtue of The Financial Services Act 2021 (Prudential Regulation of Credit Institutions and Investment Firms) (Consequential Amendments and Miscellaneous Provisions) Regulations 2021 (S.I. 2021/1376), regs. 1(3), 16(16)(b)
Notes on the whole SI
Textual amendments
- F1
2000 c. 8. Section 349(2) was amended by section 41 of, and paragraphs 19(1) and (2) of Schedule 12 to, the Financial Services Act 2012 (c. 21); paragraphs 14(1)(b), 17(c), 18 and 22 of Schedule 3 were amended by section 12 of, and paragraphs 1, 3, 7, 8 and 14 of Schedule 4 to, the Financial Services Act 2012; paragraph 14(1)(b) was also amended by S.I. 2003/1473 and S.I. 2003/2066.