Article 20 Arrangements entered into before 1st February 2025

(1)

This article applies to a PRS provider who immediately before 1st February 2025—

(a)

is a person to whom Code 15 applied,

(b)

is party to an arrangement, which remains in effect, in respect of a controlled PRS, and

(c)

complied with all requirements in paragraphs 3.9.1 to 3.9.15, and 3.10.8 to 3.10.9, of Code 15 applicable to the person in respect of that arrangement.

(2)

The PRS provider is deemed to have complied, beginning with 1st February 2025, with the following articles, in respect of such an arrangement, where they apply—

(a)

article 15, and

(b)

article 16.

(3)

The PRS provider is also deemed to have complied, beginning with 1st February 2025, with the following requirements (where applicable) in article 17, in respect of such an arrangement—

(a)

article 17(1) to (6),

(b)

article 17(10) (other than in relation to an updated assessment made for the purposes of paragraph (7) and measures taken in accordance with paragraph (8)),

(c)

article 17(11)(a) (other than in relation to an updated assessment made for the purposes of paragraph (7)), and

(d)

article 17(11)(b) (other than in relation to measures taken in accordance with paragraph (8)).