Article 64 Request for assistance by overseas regulatory authority

(1)

Section 82(3) of the Companies Act 1989^f1 (request for assistance by overseas regulatory authority) is modified as set out in paragraph (2) if, before the commencement date, the Authority was satisfied as is mentioned in that section 82(3) in respect of the assistance requested.

(2)

In that section 82(3), for “and the corresponding UK regulator (if any) are” substitute “is”.

(3)

Section 82(5)^f2 of the Companies Act 1989 does not apply if, before the commencement date, the Secretary of State consulted the Authority in accordance with that section 82(5) in respect of the assistance requested.

Annotations

Footnotes

f1: 1989 c.40. Section 82(3) was amended by S.I 2001/3649 and is further amended by the 2012 Act, Schedule 18, paragraph 63.
f2: Section 82(5) was amended by the Bank of England Act 1998, Schedule 5, paragraph 66 and is further amended by the 2012 Act, Schedule 18, Part 2, paragraph 63.