{
  "url": "https://openlegislation.uk/central-counterparties-amendment-etc-and-transitional-provision-eu-exit-regulations-2018/regulation-18",
  "json_url": "https://openlegislation.uk/central-counterparties-amendment-etc-and-transitional-provision-eu-exit-regulations-2018/regulation-18.json",
  "legislation": "uksi/2018/1184",
  "legislation_title": "The Central Counterparties (Amendment, etc., and Transitional Provision) (EU Exit) Regulations 2018",
  "legislation_url": "https://openlegislation.uk/central-counterparties-amendment-etc-and-transitional-provision-eu-exit-regulations-2018",
  "path": "regulation/18",
  "kind": "regulation",
  "number": "18",
  "heading": "Temporary deemed recognition period",
  "text": "(1) The temporary recognition period is the period of seven years beginning with IP completion day.\n(2) If the Treasury is satisfied that it is necessary and proportionate to avoid disruption to the financial stability of the United Kingdom, it may by regulations amend paragraph (1) to extend the temporary recognition period by a period not exceeding 12 months at a time.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Words in reg. 18(1) substituted (28.11.2025) by The Central Counterparties (Transitional Provision) (Extension and Amendment) Regulations 2025 (S.I. 2025/1030), regs. 1(2), 3"
    },
    {
      "type": "F",
      "label": "F2",
      "text": "Words in reg. 18 substituted (31.1.2020 immediately before exit day) by The Financial Services (Consequential Amendments) Regulations 2020 (S.I. 2020/56), regs. 1, 7(2)(g)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2018/1184/regulation/18",
    "retrieved_at": "2026-10-28T22:52:14.316027+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}