# The Financial Services and Markets Act 2000 (Benchmarks) Regulations 2018, Regulation 59: Administrators of specified benchmarks: transitional provision


A person who carries on an activity of the kind specified in article 63O(1)(b) of the RAO in relation to a specified benchmark without permission to carry on that activity is not by virtue of section 20(1) of the Act (authorised person acting without permission) to be taken to have contravened a requirement imposed by the FCA if that person has a permission to carry on an activity of the kind specified in article 63S(1) of the RAO.

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Source: https://www.legislation.gov.uk/uksi/2018/135/regulation/59 (the official version)
Page: https://openlegislation.uk/financial-services-and-markets-act-2000-benchmarks-regulations-2018/regulation-59
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.