# Financial Services and Markets Act 2000, Paragraph 11

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

(1) The restrictions in paragraphs 7, 8 and 9 do not apply in relation to regulations under paragraph 5 to the extent that the regulations—
(a) revoke other regulations under paragraph 5, or
(b) otherwise amend other regulations under paragraph 5 in order to withdraw the Treasury's approval of an activity.
(2) The restrictions in paragraphs 7 and 8 do not apply in relation to regulations under paragraph 6 to the extent that the regulations—
(a) revoke other regulations under paragraph 6, or
(b) otherwise amend other regulations under paragraph 6 in order to provide that an activity which the Gibraltar regulator has authorised, or may authorise, a person to carry on in Gibraltar does not correspond to an approved activity.

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Source: https://www.legislation.gov.uk/ukpga/2000/8/schedule/2A/paragraph/11 (the official version)
Page: https://openlegislation.uk/financial-services-and-markets-act-2000/schedule-2A/paragraph-11
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.