Article 22 Ending of authorisation of a Treaty firmI1
United Kingdom
(1)
Paragraph (2) applies if, before the commencement date—
(a)
a Treaty firm made a request to the Authority under section 35(2);
(b)
the Authority had not made a direction pursuant to that request; and
(c)
the request would have been made to the PRA as the appropriate regulator (within the meaning of section 35(2A)) had it been made on the commencement date.
(2)
The request is to be treated as if it had been made to the PRA.