Regulation 48 Application of regulation 47F1
United Kingdom
(1)
Regulation 47 applies to a person who—
(a)
is authorised, under the law of the person’s home state, to carry on an activity which is regulated by the person’s home state regulator, and
(b)
satisfies the conditions in regulation 49, F249A, 50 or 51.
(2)
Regulation 47 applies to such a person for the period determined in accordance with regulation 66.
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
- F2
Word in reg. 48 inserted (16.3.2019) by The Financial Services (Gibraltar) (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/589), regs. 1(2), 11(7)