Paragraph 57 Financial Services and Markets Act 2000 (Gibraltar) Order 2001
The Financial Services and Markets Act 2000 (Gibraltar) Order 2001 M1 is amended as follows.
In article 2(2) M2 (exercise of deemed passport rights by Gibraltar-based firms) for “banking consolidation directive” substitute “ capital requirements directive ”.
In article 4(4) M3 (exercise by UK firms of deemed passport rights in Gibraltar) for “Article 24 of the banking consolidation directive” substitute “ Article 34 of the capital requirements directive ”.
Annotations
Marginal citations
- M1
- M2
Article 2(2) was amended by S.I. 2006/1805.
- M3
Article 4(4) was amended by S.I. 2006/3221.
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.