Paragraph 33 I1

England, Wales and Scotland

(1)

Article 53 is amended as follows.

(2)

In paragraph 2, for “a” substitute “ the GB ”.

(3)

For paragraph 3, substitute—

“3
The regulatory authority may grant an exemption from the requirement laid down in paragraph 1—
(a)
upon a request under paragraph 2; or
(b)
on its own initiative.”

Annotations

Commencement

I1: Sch. 2 para. 33 in force at 31.12.2020 on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(1)