# Financial Services Act 2021, Section 20: Extension of transitional period for benchmarks with non-UK administrators


(1) Article 51(5) of the Benchmarks Regulation (transitional provision for benchmarks with administrators located in a country outside the UK) is amended as follows.
(2) In point (a), for “31 December 2022” substitute “ 31 December 2025 ”.
(3) In point (b)—
(a) for “1 January 2023” substitute “ 1 January 2026 ”, and
(b) for “31 December 2022” substitute “ 31 December 2025 ”.

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Source: https://www.legislation.gov.uk/ukpga/2021/22/section/20 (the official version)
Page: https://openlegislation.uk/financial-services-act-2021/section-20
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.