Article 3 Conditions for continuation of an approvalI1
United Kingdom
In relation to a pre-implementation approval, the conditions for continuing approval are that—
(a)
the pre-implementation approval has not been withdrawn before 7th March 2016; and
(b)
in relation to each notified function specified in an article 2 notice concerning the person (“P”) to whom the pre-implementation approval has been given—
(i)
on the notification date P is performing a function which falls within the description of that notified function; and
(ii)
immediately before 7th March 2016 P is continuing to perform that function.
Annotations
Commencement
- I1
Art. 3 in force at 26.3.2015, see art. 1(1)