OpenLegislation

Regulation 9 Period during which regulation 6 is to apply

Original text. Later amendments are not shown.

(1)

For the purposes of regulation 7(b), the period is one that begins with IP completion day and ends with a day determined in accordance with paragraph (2).

(2)

The period ends—

(a)

after three years beginning with the day on which IP completion day occurs; or

(b)

if earlier, with the day—

(i)

before the day on which the person’s registration as a trade repository has effect;

(ii)

on which the FCA determines, in accordance with regulation 10(1), that regulation 6 should cease to apply to that person; or

(iii)

on which the person ceases to be included within a group of undertakings which comprises a trade repository under the EU SFT Regulation.