Paragraph 58 The Financial Services and Markets Act 2000 (Gibraltar) Order 2001I1

United Kingdom

In article 2 of the Financial Services and Markets Act 2000 (Gibraltar) Order 2001^f1 (exercise of deemed passport rights by Gibraltar-based firms)—

(a)

in paragraph (7), for “Authority” substitute “FCA or PRA”;

(b)

for paragraph (8) substitute—

“(8)
For the purposes of paragraph (7)—

(a)
section 194A(7)^f2 has effect as if “and the Commission” were omitted;

(b)
section 195A(11)^f3 is disapplied.”.

Annotations

Commencement

I1: Sch. 2 para. 58 in force at 1.4.2013, see art. 1(1)

Footnotes

f1: S.I. 2001/3084, amended by S.I. 2005/1, S.I. 2006/1805, S.I. 2007/3254 and S.I. 2012/2017.
f2: Section 194A(7) of FSMA 2000 was inserted by S.I. 2007/126 and amended by paragraphs 29 and 33 of Schedule 4 to the Financial Services Act 2012 and S.I. 2012/916.
f3: Section 195A(11) of FSMA 2000 was substituted by S.I. 2011/1613 and amended by paragraphs 29 and 35 of Schedule 4 to the Financial Services Act 2012 and S.I. 2012/916.