Article 5 Applications made before the commencement date to vary or cancel a requirementI1
United Kingdom
(1)
Paragraph (2) applies if before the commencement date—
(a)
an application was made to the Authority under section 44 to vary a permission by—
(i)
cancelling a requirement imposed under section 43, or
(ii)
varying such a requirement; and
(b)
the Authority had not issued a written notice or a warning notice in respect of the application.
(2)
The application is to be treated as having been made—
(a)
to the PRA under section 55M(5) if the person is, on the commencement date, a PRA-authorised person, and
(b)
to the FCA under section 55L(5) in any other case.