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Regulation 21 The Over the Counter Derivatives, Central Counterparties and Trade Repositories (Amendment, etc., and Transitional Provision) (EU Exit) Regulations 2019I1

United Kingdom

In the Over the Counter Derivatives, Central Counterparties and Trade Repositories (Amendment, etc., and Transitional Provision) (EU Exit) Regulations 2019 M1—

(a)

in regulation 11(7), in the new definition of “financial counterparty”, for subparagraph (e), substitute—

“(e)

an occupational pension scheme within the meaning given in section 1(1) of the Pension Schemes Act 1993 M2 which is established in the United Kingdom;”.

(b)

in regulation 80(1)(c)(ii), for “or paragraph 3 of” substitute “ , or paragraph 3 of Article 37, of ”.

Annotations

Marginal citations

M1

S.I. 2019/335.

M2

1993 c.48. Section 1 is substituted by section 239 of the Pensions Act 2004 (c.35).

Commencement

I1

Reg. 21 in force at 31.12.2020 immediately before IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(3)