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Changes over time for: Section 49
Timeline of Changes
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Version Superseded: 31/01/2020
Status:
Point in time view as at 14/02/2019. This version of this provision has been superseded.
Status
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Note the term provision is used to describe a definable element in a piece of legislation that has legislative effect – such as a Part, Chapter or section.
Changes to legislation:
There are currently no known outstanding effects for the The Credit Rating Agencies (Amendment etc.) (EU Exit) Regulations 2019, Section 49.
Changes to Legislation
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Interpretation of Part 8U.K.
This section has no associated Explanatory Memorandum
49.—(1) In this Part—
“advance application” means an application submitted during the period—
(a)
beginning with the day on which this Part comes into force, and
(b)
ending immediately before exit day;
“working day” means a day other than—
(a)
a Saturday or a Sunday,
(b)
Christmas Day or Good Friday, or
(c)
a day which is a bank holiday under the Banking and Financial Dealings Act 1971 in any part of the United Kingdom.
(2) In this Part, reference to a group of undertakings means a group consisting of—
(a)a parent undertaking and its subsidiaries, within the meaning of Articles 1 and 2 of Directive 83/349/EEC of 13 June 1983 , and
(b)undertakings linked to each other by a relationship mentioned in Article 12.1(a) or (b) of that Directive, whose occupation includes the issuing of credit ratings.
Commencement Information
Marginal Citations
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