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The EEA Passport Rights (Amendment, etc., and Transitional Provisions) (EU Exit) Regulations 2018

Draft. This instrument was laid in draft and may differ from the one made. Look for the made version under its title.

Draft 2018, ISBN 9780111172421

Original text. legislation.gov.uk does not revise statutory instruments, so later amendments are not shown here. Changes made to it are listed under each provision when known.

Draft Regulations laid before Parliament under paragraphs 1(1) and (2) and 12(1) of Schedule 7 to the European Union (Withdrawal) Act 2018, for approval by resolution of each House of Parliament.

Exiting The European Union

Financial Services And Markets

Made 2018

Coming into force in accordance with regulation 1(2) and (3)

The Treasury make the following Regulations in exercise of the powers conferred by section 8(1) of, paragraph 1 of Schedule 4 to, and paragraph 21 of Schedule 7 to, the European Union (Withdrawal) Act 2018f1.

In accordance with paragraphs 1(1) and (2) and 12(1) of Schedule 7 to that Act, a draft of this instrument has been laid before, and approved by a resolution of, each House of Parliament.

Annotations to the whole text

Footnotes

f1

2018 c. 16.

Contents

  1. Part 1: General provision
  2. 1Citation, commencement and interpretation
  3. Part 2: Repeal of passport rights, etc., under Part 3 of the Financial Services and Markets Act 2000
  4. 2Repeal of passport rights, etc.
  5. 3Consequential amendments
  6. 4Saving provision: tax
  7. Part 3: Transitional and saving provision: applications for permission to carry on a regulated activity
  8. Chapter 1: Modifications of Part 4A of the Financial Services and Markets Act 2000
  9. 5Persons to whom the modifications of Part 4A of the Financial Services and Markets Act 2000 apply
  10. 6Modifications of Part 4A of the Financial Services and Markets Act 2000
  11. 7Persons who cease to be authorised to carry on a regulated activity before exit day
  12. Chapter 2: Temporary permission to carry on a regulated activity
  13. 8Deemed permission under Part 4A of the Financial Services and Markets Act 2000
  14. 9Application of regulation 8
  15. 10Conditions to be satisfied for regulation 8 to apply
  16. Chapter 3: Temporary variation to carry on additional regulated activity
  17. 11Deemed variation under Part 4A of the Financial Services and Markets Act 2000
  18. 12Application of regulation 11
  19. 13Conditions to be satisfied for regulation 11 to apply
  20. Chapter 4: Temporary permission and variation: procedure, etc.
  21. 14Steps to be taken before exit day: application or notification
  22. 15Regulator’s response
  23. 16Further information to be supplied by a person to whom regulation 8 or 11 applies
  24. Chapter 5: Temporary permission and variation: duration
  25. 17Period during which regulation 8 or 11 is to apply
  26. Chapter 6: Savings
  27. 18Requirements imposed by a domestic regulator
  28. 19Requirements imposed by a home state regulator
  29. Chapter 7: General provision
  30. 20Directions
  31. 21Interpretation
  32. Part 4: Transitional provision: miscellaneous
  33. 22Persons to whom the modifications in regulations 23 to 25 apply
  34. 23Performance of regulated activities - modifications of Part 5 of the Financial Services and Markets Act 2000
  35. 24Financial Services Compensation Scheme - modifications of Part 15 of the Financial Services and Markets Act 2000
  36. 25Insurance and reinsurance - modification of Part 4 of the Solvency 2 Regulations 2015
  37. 26Persons who cease to be authorised to carry on a regulated activity before exit day
  38. Part 5: Power to amend time limits
  39. 27Power to amend time limits imposed by modifications under these Regulations
  40. Signature
  41. Schedule: Consequential amendments
  42. Part 1: The Financial Services and Markets Act 2000 (c. 8)
  43. 1Paragraph 1
  44. 2Paragraph 2
  45. 3Paragraph 3
  46. 4Paragraph 4
  47. 5Paragraph 5
  48. 6Paragraph 6
  49. 7Paragraph 7
  50. 8Paragraph 8
  51. 9Paragraph 9
  52. 10Paragraph 10
  53. 11Paragraph 11
  54. 12Paragraph 12
  55. 13Paragraph 13
  56. 14Paragraph 14
  57. 15Paragraph 15
  58. 16Paragraph 16
  59. 17Paragraph 17
  60. 18Paragraph 18
  61. 19Paragraph 19
  62. 20Paragraph 20
  63. 21Paragraph 21
  64. 22Paragraph 22
  65. 23Paragraph 23
  66. Part 2: Other primary legislation
  67. 24Agricultural Credits Act 1928 (c. 43)
  68. 25Solicitors Act 1974 (c. 47)
  69. 26Judicial Pensions Act 1981 (c. 20)
  70. 27Administration of Justice Act 1985 (c. 61)
  71. 28Housing Act 1985 (c. 68)
  72. 29Building Societies Act 1986 (c. 53)
  73. 30Access to Medical Reports Act 1988 (c. 28)
  74. 31Road Traffic Act 1988 (c. 52)
  75. 32Social Security Administration Act 1992 (c. 5)
  76. 33Judicial Pensions and Retirement Act 1993 (c. 8)
  77. 34Social Security (Recovery of Benefits) Act 1997 (c. 27)
  78. 35Bank of England Act 1998 (c. 11)
  79. 36Trustee Act 2000 (c. 29)
  80. 37Anti-terrorism, Crime and Security Act 2001 (c. 24)
  81. 38Health and Social Care (Community Health and Standards) Act 2003 (c. 43)
  82. 39Legal Services Act 2007 (c. 29)
  83. 40Dormant Bank and Building Society Accounts Act 2008 (c. 31)
  84. 41Terrorist Asset-Freezing etc. Act 2010 (c. 38)
  85. 42Charities Act 2011 (c. 25)
  86. 43Health and Social Care Act 2012 (c. 7)
  87. 44Welfare Reform and Work Act 2016 (c. 7)
  88. Part 3: Secondary legislation
  89. 45Social Security (Payments on account, Overpayments and Recovery) Regulations 1988
  90. 46Social Landlords (Additional Purposes or Objects) Order 1999
  91. 47National Health Service Pension Scheme (Additional Voluntary Contributions) Regulations 2000
  92. 48Pig Industry Restructuring (Capital Grant) Scheme 2001
  93. 49Financial Services and Markets Act 2000 (Regulated Activities) Order 2001
  94. 50Financial Services and Markets Act 2000 (Stakeholder Products) Regulations 2004
  95. 51North Korea (United Nations Measures) Order 2006
  96. 52Iran (Financial Sanctions) Order 2007
  97. 53Lasting Powers of Attorney, Enduring Powers of Attorney and Public Guardian Regulations 2007
  98. 54Companies (Authorised Minimum) Regulations 2008
  99. 55Zimbabwe (Financial Sanctions) Regulations 2009
  100. 56Companies (Authorised Minimum) Regulations 2009
  101. 57Somalia (Asset-Freezing) Regulations 2010
  102. 58Libya (Financial Sanctions) Order 2011
  103. 59Egypt (Asset-Freezing) Regulations 2011
  104. 60Tunisia (Asset-Freezing) Regulations 2011
  105. 61Iran (Asset-Freezing) Regulations 2011
  106. 62Afghanistan (Asset-Freezing) Regulations 2011
  107. 63Legal Services Act 2007 (Designation as a Licensing Authority) Order 2011
  108. 64ISIL (Da’esh) and Al-Qaida (Asset-Freezing) Regulations 2011
  109. 65Legal Services Act 2007 (Designation as a Licensing Authority) (No. 2) Order 2011
  110. 66Syria (European Union Financial Sanctions) Regulations 2012
  111. 67Guinea-Bissau (Asset-Freezing) Regulations 2012
  112. 68Iraq (Asset-Freezing) Regulations 2012
  113. 69Republic of Guinea (Asset-Freezing) Regulations 2012
  114. 70Democratic Republic of the Congo (Asset-Freezing) Regulations 2012
  115. 71Eritrea (Asset-Freezing) Regulations 2012
  116. 72Lebanon and Syria (Asset-Freezing) Regulations 2012
  117. 73Belarus (Asset-Freezing) Regulations 2013
  118. 74Council Tax Reduction Schemes (Detection of Fraud and Enforcement) (England) Regulations 2013
  119. 75Civil Legal Aid (Statutory Charge) Regulations 2013
  120. 76Local Government Pension Scheme Regulations 2013
  121. 77Ukraine (European Union Financial Sanctions) Regulations 2014
  122. 78Central African Republic (European Union Financial Sanctions) Regulations 2014
  123. 79Ukraine (European Union Financial Sanctions) (No. 2) Regulations 2014
  124. 80Prevention of Social Housing Fraud (Power to Require Information) (England) Regulations 2014
  125. 81Sudan (European Union Financial Sanctions) Regulations 2014
  126. 82Ukraine (European Union Financial Sanctions) (No. 3) Regulations 2014
  127. 83Yemen (European Union Financial Sanctions) Regulations 2014
  128. 84South Sudan (European Union Financial Sanctions) (No. 2) Regulations 2015
  129. 85Burundi (European Union Financial Sanctions) Regulations 2015
  130. 86Iran (European Union Financial Sanctions) Regulations 2016
  131. 87Libya (European Union Financial Sanctions) Regulations 2016
  132. 88Local Government Pension Scheme (Management and Investment of Funds) Regulations 2016
  133. 89Democratic People’s Republic of Korea (European Union Financial Sanctions) Regulations 2017
  134. 90Judicial Pensions (Fee-Paid Judges) Regulations 2017
  135. 91Republic of Mali (European Union Financial Sanctions) Regulations 2017
  136. 92Venezuela (European Union Financial Sanctions) Regulations 2017
  137. 93Andrey Lugovoy and Dmitri Kovtun Freezing Order 2018
  138. 94Burma (European Union Financial Sanctions) Regulations 2018
  139. Explanatory note