{
  "url": "https://openlegislation.uk/draft-financial-services-and-markets-act-2000-ring-fenced-bodies-and-core-activities-order-2014/article-8",
  "json_url": "https://openlegislation.uk/draft-financial-services-and-markets-act-2000-ring-fenced-bodies-and-core-activities-order-2014/article-8.json",
  "legislation": "ukdsi/2014/9780111117118",
  "legislation_title": "The Financial Services and Markets Act 2000 (Ring-fenced Bodies and Core Activities) Order 2014",
  "legislation_url": "https://openlegislation.uk/draft-financial-services-and-markets-act-2000-ring-fenced-bodies-and-core-activities-order-2014",
  "path": "article/8",
  "kind": "article",
  "number": "8",
  "heading": "Meaning of qualifying group member",
  "text": "(1) An organisation is a qualifying group member in relation to a UK deposit-taker if that organisation has provided to that UK deposit-taker a declaration in accordance with paragraph (2) (a “qualifying group member declaration”).\n(2) A qualifying group member declaration must—\n(a) contain a statement that the organisation giving the declaration is a member of the same group as a qualifying organisation (the “relevant qualifying organisation”); and\n(b) be either—\n(i) accompanied by a declaration (a “supporting declaration”) which complies with paragraph (3), or\n(ii) accepted by the UK deposit-taker to which the declaration is given without being accompanied by a supporting declaration, in accordance with paragraph (4).\n(3) In relation to a qualifying group member declaration, a supporting declaration must consist of a qualifying organisation declaration for the relevant qualifying organisation which—\n(a) has previously been provided to a UK deposit-taker (other than the UK deposit-taker to which the qualifying group member declaration is being given); or\n(b) will accompany the qualifying group member declaration when that qualifying group member declaration is provided to the UK deposit-taker concerned.\n(4) A UK deposit-taker may accept a qualifying group member declaration without a supporting declaration if, at the date on which it receives that qualifying group member declaration, it has previously received a qualifying organisation declaration for the relevant qualifying organisation.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "“Group” is defined in section 421 of the 2000 Act."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukdsi/2014/9780111117118/article/8",
    "retrieved_at": "2026-10-30T15:12:39.417676+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."
}