Article 52 Limitations on exemptions for small and medium-sized groupsI1
United Kingdom
In paragraph (2) of Article 256 of the 1986 Order (exemption for small and medium-sized groups)f1, for sub-paragraphs (b) to (d) substitute—
“(b)a person who has permission under Part 4 of the Financial Services and Markets Act 2000 to carry on a regulated activity,
(c)a person who carries on insurance market activity.”.
Annotations
Commencement
- I1
Art. 52 in force at 1.12.2001, see art. 1
Footnotes
- f1
-
Article 256 was inserted by the Companies (Northern Ireland) Order 1990 (S.I. 1990/593 (N.I. 5)), Articles 3(a), 15(3).