Regulation 67 Article 6 (general principles)

(1)

Article 6 (general principles) is amended as follows.

(2)

In paragraph 2, for “in the Member State where it is authorised and supervised” substitute “authorised and supervised in the United Kingdom”.

(3)

In paragraph 4—

(a)

for “points (3) and (6) of Section A of Annex I to Directive 2004/39/EC” substitute “paragraphs 3 and 6 of Part 3 of Schedule 2 to the Regulated Activities Order”;

(b)

for “Pending the report from the Commission in accordance with Article 508(3), competent authorities” substitute “The competent authority”.