{
  "url": "https://openlegislation.uk/draft-securities-financing-transactions-securitisation-and-miscellaneous-amendments-eu-exit-regulations-2020/regulation-10",
  "json_url": "https://openlegislation.uk/draft-securities-financing-transactions-securitisation-and-miscellaneous-amendments-eu-exit-regulations-2020/regulation-10.json",
  "legislation": "ukdsi/2020/9780348213614",
  "legislation_title": "The Securities Financing Transactions, Securitisation and Miscellaneous Amendments (EU Exit) Regulations 2020",
  "legislation_url": "https://openlegislation.uk/draft-securities-financing-transactions-securitisation-and-miscellaneous-amendments-eu-exit-regulations-2020",
  "path": "regulation/10",
  "kind": "regulation",
  "number": "10",
  "heading": "Cessation following a determination by the FCA",
  "text": "(1) The FCA may determine that regulation 6 should cease to apply to a person—\n(a) where, in respect of an advance application—\n(i) the application does not comply with any applicable direction made by the FCA under regulation 2(2)(a) or (b); and\n(ii) the steps referred to in regulation 3(b)(ii) have not been taken within the time specified;\n(b) following a decision refusing registration in accordance with regulation 4(3); or\n(c) at the request of the person to whom regulation 6 applies.\n(2) The FCA must notify the person in respect of whom the determination is made of the day on which regulation 6 will cease to apply.\n(3) Paragraph (1) is subject to Article 10 (withdrawal of registration) of the SFT Regulation.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukdsi/2020/9780348213614/regulation/10",
    "retrieved_at": "2026-10-30T14:48:40.102637+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."
}