Article 13 Limitations on exemptions for dormant companiesI1
United Kingdom
In subsection (3) of section 249AA of the Act (dormant companies)f1, for paragraphs (a) and (b) substitute—
“(a)a person who has permission under Part 4 of the Financial Services and Markets Act 2000 to carry on one or more regulated activities; or
(b)a person who carries on insurance market activity”.
Annotations
Commencement
- I1
Art. 13 in force at 1.12.2001, see art. 1
Footnotes
- f1
-
Section 249AA was inserted by S.I. 2000/1430, regulation 3.