Article 6 Interpretation of Part 4

In this Part—

• “authorised person” has the meaning given by section 31(2) (authorised persons) of the 2000 Act;

• “credit agreement” has the meaning given by article 60B^f1 (regulated credit agreements) of the Regulated Activities Order;

• “last application date” has the meaning given by article 12(3);

• “Part 4A permission” has the meaning given by section 55A(5)^f2 (application for permission) of the 2000 Act;

• “the register” has the meaning given by article 9;

• “registration” means registration for temporary permission on the register in accordance with article 9;

• “relevant activity” means an activity which is, after the regulatory commencement date, within the scope of—

  1. (a)

     article 36A (credit broking) or 60B (regulated credit agreements) of the Regulated Activities Order, and

  2. (b)

     article 64 of that Order (agreeing to carry on specified kinds of activity) so far as it relates to the activities specified by those articles,

  by virtue of the amendments made by this Order;

• “relevant application” means an application made by a temporarily permissioned person on or before the last application date—

  1. (a)

     where that person is an authorised person, under section 55H^f3 (variation by FCA at request of authorised person) to vary that person’s Part 4A permission by adding a relevant activity to the activity to which the permission relates;

  2. (b)

     otherwise, under section 55A (application for permission) for permission to carry on a relevant activity;

• “temporarily permissioned person” means a person with temporary permission under article 10;

• “temporary permission” has the meaning given by articles 10 and 11.