Paragraph 18

For the entry relating to Article 255A (cases in which special provisions do not apply)^f1 substitute—

“

Article 255A (cases in which special provisions do not apply)
Paragraph (1B)
For paragraph (1B) substitute—

“(1B)
A limited liability partnership is ineligible if it is a person (other than a banking limited liability partnership) who has permission under Part 4 of the Financial Services and Markets Act 2000 to carry on one or more regulated activities.”.

”.

Article 255A (cases in which special provisions do not apply)
Paragraph (1B)	For paragraph (1B) substitute— “(1B) A limited liability partnership is ineligible if it is a person (other than a banking limited liability partnership) who has permission under Part 4 of the Financial Services and Markets Act 2000 to carry on one or more regulated activities.”.

Annotations

Footnotes

f1: Article 255A was inserted by regulation 4 of S.R. 1997 No. 436, and amended by article 51 of S.I. 2001/3649 and by regulation 6 of S.R. 2005 No. 61. The entry relating to Article 255A in the Schedule to the principal regulations was amended by article 8 of S.I. 2004/355