# The Financial Services and Markets Act 2000 ( EEA Passport Rights) Regulations 2001, Regulation 5: Management companies: changes to services

Extent: E+W+S+N.I.

(1) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(1A) A management company which is providing services in the United Kingdom in the exercise of an EEA right must not make a change in any of the matters referred to in regulation 3(2A)(b), unless the relevant requirements have been complied with.
(2) Where the relevant requirements have been complied with, the firm’s permission is to be treated as varied accordingly.
(3) For the purposes of this regulation, the “relevant requirements” are that—
(a) the firm has given a notice to the appropriate UK regulator and to its home state regulator stating the details of the proposed change; or
(b) if the change is occasioned by circumstances beyond the firm’s control, it has as soon as practicable (whether before or after the change) given to the appropriate UK regulator and to its home state regulator a notice stating the details of the change.
(4) The appropriate UK regulator must, as soon as practicable after receiving a notice from an investment firm or a management company under this regulation, inform the firm of any consequential changes in the applicable provisions (within the meaning of paragraph 14 of Schedule 3).
(5) In this regulation, “the appropriate UK regulator” has the same meaning as in paragraph 14 of Schedule 3.

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Source: https://www.legislation.gov.uk/uksi/2001/2511/regulation/5 (the official version)
Page: https://openlegislation.uk/financial-services-and-markets-act-2000-eea-passport-rights-regulations-2001/regulation-5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.