# The Financial Services (Gibraltar) (Amendment) (EU Exit) Regulations 2019, Regulation 11: Exclusion of Gibraltar-based firms from transitional arrangements


(1) The EEA Passport Rights (Amendment, etc., and Transitional Provisions) (EU Exit) Regulations 2018 are amended as follows.
(2) In regulation 1 (citation, commencement and interpretation), after paragraph (4) insert—
“(5) In these Regulations “Gibraltar firm” means a person whose registered office is in Gibraltar or a person who has no registered office and whose head office is in Gibraltar.”
(3) In regulation 10 (conditions to be satisfied for regulation 8 to apply)—
(a) omit the “and” at the end of sub-paragraph (a),
(b) at the end of sub-paragraph (b) insert—
“and
(c) is not a Gibraltar firm.”
(4) In regulation 13 (conditions to be satisfied for regulation 11 to apply)—
(a) omit the “and” at the end of sub-paragraph (a),
(b) at the end of sub-paragraph (b) insert—
“and
(c) is not a Gibraltar firm.”
(5) In regulation 30 (conditions to be satisfied for regulation 28 to apply: persons who cease to be authorised on exit day), after sub-paragraph (a) insert—
“(aa) who is not a Gibraltar firm,”.
(6) In regulation 35 (application of regulation 34)—
(a) omit the “and” at the end of sub-paragraph (a),
(b) at the end of sub-paragraph (b) insert—
“and
(c) is not a Gibraltar firm.”
(7) In regulation 48 (application of regulation 47), after “49,” insert “49A,”.
(8) In regulation 49 (conditions to be satisfied for regulation 47 to apply: persons who cease to be authorised on exit day), after paragraph (a) insert—
“(aa) who is not a Gibraltar firm,”.

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Source: https://www.legislation.gov.uk/ukdsi/2019/9780111179031/regulation/11 (the official version)
Page: https://openlegislation.uk/draft-financial-services-gibraltar-amendment-eu-exit-regulations-2019/regulation-11
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.