Regulation 47 Exemption from the general prohibition under Part 2 of the Financial Services and Markets Act 2000F1C1
(1)
A person to whom this regulation applies is an exempt person for the purposes of section 19(1)(b) of the 2000 Act (the general prohibition).
(2)
The exemption has effect only in respect of a regulated activity specified (by reference to regulations 49 to 51) in regulation 52.
Annotations
Textual amendments
- F1
Pt. 7 inserted (1.3.2019) by The Financial Services Contracts (Transitional and Saving Provision) (EU Exit) Regulations 2019 (S.I. 2019/405), regs. 1(2), 3
Modifications
- C1
Reg. 47 applied (31.12.2020) by The Taxes (Amendments) (EU Exit) Regulations 2019 (S.I. 2019/689), regs. 1, 36(2)(3) (with regs. 39-41); 2020 c. 1, Sch. 5 para. 1(1)