{
  "url": "https://openlegislation.uk/draft-credit-rating-agencies-amendment-etc-eu-exit-regulations-2019/regulation-49",
  "json_url": "https://openlegislation.uk/draft-credit-rating-agencies-amendment-etc-eu-exit-regulations-2019/regulation-49.json",
  "legislation": "ukdsi/2019/9780111176696",
  "legislation_title": "The Credit Rating Agencies (Amendment, etc.) (EU Exit) Regulations 2019",
  "legislation_url": "https://openlegislation.uk/draft-credit-rating-agencies-amendment-etc-eu-exit-regulations-2019",
  "path": "regulation/49",
  "kind": "regulation",
  "number": "49",
  "heading": "Interpretation of Part 8",
  "text": "(1) In this Part—\n“advance application” means an application submitted during the period—\n(a) beginning with the day on which this Part comes into force, and\n(b) ending immediately before exit day;\n“working day” means a day other than—\n(a) a Saturday or a Sunday,\n(b) Christmas Day or Good Friday, or\n(c) a day which is a bank holiday under the Banking and Financial Dealings Act 1971 in any part of the United Kingdom.\n(2) In this Part, reference to a group of undertakings means a group consisting of—\n(a) a parent undertaking and its subsidiaries, within the meaning of Articles 1 and 2 of Directive 83/349/EEC of 13 June 1983, and\n(b) undertakings linked to each other by a relationship mentioned in Article 12.1(a) or (b) of that Directive, whose occupation includes the issuing of credit ratings.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "1971 c. 80; amended by section 1 of the St Andrew’s Day Bank Holiday (Scotland) Act 2007 (asp 2)."
    },
    {
      "type": "footnote",
      "label": "f2",
      "text": "O.J. L 193, 18.7.1983, p.1."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukdsi/2019/9780111176696/regulation/49",
    "retrieved_at": "2026-10-30T15:02:42.299701+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."
}