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Article 11 Interpretation

Original text. Later amendments are not shown.

In this Part—

  • “the post-commencement rules” means the rules which—

    1. (a)

      make provision similar or identical to that made by the pre-commencement rules; and

    2. (b)

      are treated as made by the relevant regulator by virtue of that regulator designating, in accordance with this Order, the instrument or the part of an instrument by which the pre-commencement rules were made;

  • “the pre-commencement rules” means the rules—

    1. (c)

      made by the Authority;

    2. (d)

      in force immediately before the commencement date; and

    3. (e)

      to which the direction or the application relates;

  • “the relevant regulator” means the designating body which designates, or (as the case may be) the designating bodies which designate, in accordance with this Order the instrument or the part of an instrument by which the pre-commencement rules were made.