{
  "url": "https://openlegislation.uk/financial-services-act-2012-transitional-provisions-permission-and-approval-order-2013/article-21",
  "json_url": "https://openlegislation.uk/financial-services-act-2012-transitional-provisions-permission-and-approval-order-2013/article-21.json",
  "legislation": "uksi/2013/440",
  "legislation_title": "The Financial Services Act 2012 (Transitional Provisions) (Permission and Approval) Order 2013",
  "legislation_url": "https://openlegislation.uk/financial-services-act-2012-transitional-provisions-permission-and-approval-order-2013",
  "path": "article/21",
  "kind": "article",
  "number": "21",
  "heading": "Treaty firms qualifying for authorisation",
  "text": "(1) Paragraph (2) applies if, before the commencement date—\n(a) a Treaty firm satisfied the Treaty conditions set out in paragraph 3(1) of that Schedule (exercise of Treaty rights);\n(b) the Treaty firm had not ceased to qualify for authorisation; and\n(c) the Authority had not given a direction under section 35(treaty firms) cancelling the Treaty firm’s authorisation.\n(2) Subject to section 35(1), the Treaty firm is to be treated as qualifying for authorisation under Schedule 4 for the purpose of section 31.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "I",
      "label": "I1",
      "text": "Art. 21 in force at 1.4.2013, see art. 1(1)"
    },
    {
      "type": "footnote",
      "label": "f1",
      "text": "“Treaty firm” is defined by section 425 of, and paragraph 1 of Schedule 4 to, FSMA 2000. Paragraph 1 was amended by the Financial Services Act 2010, section 24 and Schedule 2, Part 1, paragraph 35."
    },
    {
      "type": "footnote",
      "label": "f2",
      "text": "Paragraph 3 was amended by S.I. 2011/1043 and is further amended by the 2012 Act, Schedule 4, Part 2, paragraph 23."
    },
    {
      "type": "footnote",
      "label": "f3",
      "text": "Section 35 is amended by the 2012 Act, Schedule 4, Part 3, paragraph 28."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2013/440/article/21",
    "retrieved_at": "2026-10-29T01:02:53.596216+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}