Regulation 155 Article 82B (emission allowances)C1 I1

United Kingdom

(1)

Article 82B M1 (emission allowances) is amended as follows.

F1(2)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(3)

In paragraph (2), for sub-paragraphs (a) to (d) substitute—

“(a)
an investment firm or qualifying credit institution is providing or performing investment services and activities on a professional basis,
(b)
a management company which has a Part 4A permission to do so is providing the investment service specified in paragraph 4 or 5 of Part 3 of Schedule 2 or the ancillary service specified in paragraph 1 of Part 3A of that Schedule,
(c)
a market operator is providing the investment service specified in paragraph 8 or 9 of Part 3 of that Schedule, or
(d)
a full-scope UK AIFM which has a Part 4A permission to do so is providing the investment service specified in paragraph 1, 4 or 5 of Part 3 of that Schedule or the ancillary service specified in paragraph 1 of Part 3A of that Schedule.”.

Annotations

Textual amendments

F1: Reg. 155(2) omitted (31.12.2020 immediately before IP completion day) by virtue of The Securities Financing Transactions, Securitisation and Miscellaneous Amendments (EU Exit) Regulations 2020 (S.I. 2020/1385), regs. 1(4), 57(3)(d)

Marginal citations

M1: Article 82B was inserted by S.I. 2017/488.

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. 155 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)

Regulation 155 Article 82B (emission allowances)C1I1