{
  "url": "https://openlegislation.uk/draft-securities-financing-transactions-securitisation-and-miscellaneous-amendments-eu-exit-regulations-2020/regulation-60",
  "json_url": "https://openlegislation.uk/draft-securities-financing-transactions-securitisation-and-miscellaneous-amendments-eu-exit-regulations-2020/regulation-60.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/60",
  "kind": "regulation",
  "number": "60",
  "heading": "The Gibraltar (Miscellaneous Amendments) (EU Exit) Regulations 2019",
  "text": "(1) The Gibraltar (Miscellaneous Amendments) (EU Exit) Regulations 2019 are amended as follows.\n(2) In regulation 3 (the Credit Institutions (Reorganisation and Winding Up) Regulations 2004), after the words “Gibraltarian credit institutions,” insert “investment firms and group companies”.\n(3) In Schedule 1 (modifications to the Insurers (Reorganisation and Winding Up) Regulations 2004)—\n(a) at the beginning of paragraph 2, after the words “Regulation 2 applies as if—” insert—\n“(a) in paragraph (1)—”;\n(b) in paragraph (2), re-number paragraphs (a) to (h) as (i) to (viii);\n(c) at the end of paragraph 2, after sub-paragraph (viii) insert—\n“(b) in paragraph (2)—\n(i) in sub-paragraphs (a) and (b), for “the relevant EEA State” both times it occurs, there were substituted “Gibraltar”;\n(ii) the words after sub-paragraph (b) were omitted.”;\n(d) for paragraph 6 substitute—\n“6. Regulation 10 applies as if—\n(a) in the heading, for “EEA regulators”, there were substituted “the Gibraltarian regulator”;\n(b) for “EEA regulators in every EEA State”, both times it occurs, there were substituted “Gibraltarian regulator”.”.\n(4) In Schedule 2 (modifications to the Credit Institutions (Reorganisation and Winding Up) Regulations 2004)—\n(a) in paragraph 3, after sub-paragraph (b) insert—\n“(c) paragraph (7A) were omitted.”;\n(b) in paragraph 6, for “from the purposes of Articles 10” substitute “for the purposes of Articles 10”;\n(c) in paragraph 7, for sub-paragraph (c) substitute—\n“(c) for paragraph (4), there were substituted—\n“(4) In this regulation, the “relevant person” means, if the UK credit institution has a branch in Gibraltar, the Gibraltarian regulator.””.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "S.I. 2019/680, to which there are amendments not relevant to these Regulations."
    },
    {
      "type": "footnote",
      "label": "f2",
      "text": "S.I. 2004/1045; relevant amending instruments are S.I. 2019/38, and 2019/680."
    },
    {
      "type": "footnote",
      "label": "f3",
      "text": "S.I. 2004/353; relevant amending instruments are S.I. 2019/38 and 2019/680."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukdsi/2020/9780348213614/regulation/60",
    "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."
}