Paragraph 4 Financial Services and Markets Act 2000 (Gibraltar) Order 2001

The Financial Services and Markets Act 2000 (Gibraltar) Order 2001^f1 is amended as follows—

(a)

in article 2(5D)(c)(ii) for “retained direct EU” substitute “assimilated direct”;

(b)

in article 2(8)(a), (b)(i)(bb) and (i)(i) for “retained direct EU” substitute “assimilated direct”;

(c)

in article 4(3A)(e) for “retained direct EU” substitute “assimilated direct”;

(d)

in article 4(3B)(e)(ii) for “retained direct EU” substitute “assimilated direct”;

(e)

in article 4(3D)(a)(i), in the substituted sub-paragraph (ii) for “retained direct EU” substitute “assimilated direct”;

(f)

in article 5(3)(b)(iii), in paragraph (b) of the substituted definition of “implementing provision” for “retained direct EU” substitute “assimilated direct”.

Annotations

Footnotes

f1: S.I. 2001/3084; paragraph (5D) of article 2 and paragraphs (3A) to (3D) of article 4 and article 5 were inserted by, and paragraph (8) of article 2 was substituted by, S.I. 2019/589, which was itself amended by S.I. 2020/1301 before it came into force. See S.I. 2023/1018 for the most recent extension of the relevant transitional arrangements.