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Regulation 136 Article 53DA (advising on regulated credit agreements for the acquisition of land)C1I1

United Kingdom

In article 53DA M1 (advising on regulated credit agreements for the acquisition of land), for paragraph (2) substitute—

“(2)

In this article—

(a)

a reference to any land or building—

(i)

in relation to an agreement entered into before F1IP completion day, is a reference to any land or building in the United Kingdom or within the territory of an EEA State;

(ii)

in relation to an agreement entered into on or after IP completion day, is a reference to any land or building in the United Kingdom;

(b)

“regulated credit agreement” has the meaning given by article 60B(3).”.

Annotations

Textual amendments

F1

Words in reg. 136 substituted (30.12.2020) by The Financial Services and Economic and Monetary Policy (Consequential Amendments) (EU Exit) Regulations 2020 (S.I. 2020/1301), regs. 1, 3, Sch. para. 33(n)

Marginal citations

M1

Article 53DA was inserted by S.I. 2015/910 and was amended by S.I. 2016/392.

Modifications

C1

Pts. 3-6 modified in part (31.12.2020) by The Gibraltar (Miscellaneous Amendments) (EU Exit) Regulations 2019 (S.I. 2019/680), regs. 1(2), 11(1)(4)(5) (with reg. 11(8)-(10)) (as amended by S.I. 2020/1301, regs. 1, 3, Sch. para. 40(f)); 2020 c. 1, Sch. 5 para. 1(1)

Commencement

I1

Reg. 136 in force at 31.12.2020 on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(3)