Financial Services and Markets Act 2000 (c. 8)

SCHEDULES

SCHEDULE 6 Threshold Conditions

Part II Authorisation

Authorisation under Schedule 3

6 In relation to an EEA firm qualifying for authorisation under Schedule 3, the conditions set out in paragraphs 1 and 3 to 5 apply, so far as relevant, to—

(a) an application for permission under Part IV;

(b) exercise of the Authority’s own-initiative power under section 45 in relation to a Part IV permission.

Authorisation under Schedule 4

7 In relation to a person who qualifies for authorisation under Schedule 4, the conditions set out in paragraphs 1 and 3 to 5 apply, so far as relevant, to—

(a) an application for an additional permission;

(b) the exercise of the Authority’s own-initiative power under section 45 in relation to additional permission.