# The Financial Services Act 2012 (Transitional Provisions) (Permission and Approval) Order 2013, Article 21: Treaty firms qualifying for authorisation

Extent: E+W+S+N.I.

(1) Paragraph (2) applies if, before the commencement date—
(a) a Treaty firm satisfied the Treaty conditions set out in paragraph 3(1) of that Schedule (exercise of Treaty rights);
(b) the Treaty firm had not ceased to qualify for authorisation; and
(c) the Authority had not given a direction under section 35(treaty firms) cancelling the Treaty firm’s authorisation.
(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.

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Source: https://www.legislation.gov.uk/uksi/2013/440/article/21 (the official version)
Page: https://openlegislation.uk/financial-services-act-2012-transitional-provisions-permission-and-approval-order-2013/article-21
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.