Regulation 145 Article 61 (regulated mortgage contracts)C1I1
United Kingdom
Article 61 (regulated mortgage contracts) is amended as follows.
In paragraph (3)(a)(ii) M1 omit “in the EEA”.
In paragraph (4), after sub-paragraph (a) insert—
“(aa)“land”—
(i)in relation to a contract entered into before F1IP completion day, means land in the United Kingdom or within the territory of an EEA State;
(ii)in relation to a contract entered into on or after IP completion day, means land in the United Kingdom.”.
Annotations
Textual amendments
- F1
Words in reg. 145(3) 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(q)
Marginal citations
- M1
Paragraph (3)(a) was substituted by S.I. 2015/910 and 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. 145 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)