Regulation 20 Section 55Q (exercise of power in support of overseas regulator)I1

United Kingdom

(1)

Section 55Q M1 (exercise of power in support of overseas regulator) is amended as follows.

(2)

Omit subsection (4).

(3)

In subsection (5), in the words before paragraph (a), for the words from “do so” to “EU obligation, it” substitute “ exercise its own-initiative powers in response to a request, the UK regulator ”.

(4)

Omit subsection (7).

(5)

In subsection (8), for “subsection” substitute “ subsections (5) and ”.

Annotations

Marginal citations

M1: There are other amending instruments but none is relevant.

Commencement

I1: Reg. 20 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)