# The Trade Repositories (Amendment and Transitional Provision) (EU Exit) Regulations 2018, Regulation 13: Cessation following a determination by the FCA


(1) The FCA may determine that regulation 9 should cease to apply to a person—
(a) where, in respect of an advance application—
(i) the application does not comply with a direction under regulation 5(2), and
(ii) the steps referred to in regulation 6(b)(ii) have not been taken within the time specified;
(b) following a decision refusing registration in accordance with regulation 7(3);
(c) at the request of the person to whom regulation 9 applies.
(2) The FCA must notify the person in respect of whom the determination is made of the day on which regulation 9 will cease to apply.
(3) Paragraph (1) is subject to Article 71 (withdrawal of registration) of the European Markets Infrastructure Regulation.

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Source: https://www.legislation.gov.uk/ukdsi/2018/9780111174289/regulation/13 (the official version)
Page: https://openlegislation.uk/draft-trade-repositories-amendment-and-transitional-provision-eu-exit-regulations-2018/regulation-13
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.