Regulation 60 The Gibraltar (Miscellaneous Amendments) (EU Exit) Regulations 2019I1

at the beginning of paragraph 2, after the words “Regulation 2 applies as if—” insert—

“(a)

in paragraph (1)—”;

in paragraph (2), re-number paragraphs (a) to (h) as (i) to (viii);

at the end of paragraph 2, after sub-paragraph (viii) insert—

“(b)

in paragraph (2)—

(i)

in sub-paragraphs (a) and (b), for “the relevant EEA State” both times it occurs, there were substituted “Gibraltar”;

(ii)

the words after sub-paragraph (b) were omitted.”;

for paragraph 6 substitute—

“6.

Regulation 10 applies as if—

(a)

in the heading, for “EEA regulators”, there were substituted “the Gibraltarian regulator”;

(b)

for “EEA regulators in every EEA State”, both times it occurs, there were substituted “Gibraltarian regulator”.”.

in paragraph 3, after sub-paragraph (b) insert—

“(c)

paragraph (7A) were omitted.”;

in paragraph 6, for “from the purposes of Articles 10” substitute “for the purposes of Articles 10”;

in paragraph 7, for sub-paragraph (c) substitute—

“(c)

for paragraph (4), there were substituted—

“(4)

In this regulation, the “relevant person” means, if the UK credit institution has a branch in Gibraltar, the Gibraltarian regulator.””.