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Financial Services Act 2021

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Financial Services Act 2021, Paragraph 4 is up to date with all changes known to be in force on or before 01 December 2024. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations. Help about Changes to Legislation

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Changes and effects yet to be applied to Schedule 8 Paragraph 4:

  • specified provision(s) amendment to earlier commencing S.I. 2021/671, reg. 5 by S.I. 2021/1163 reg. 2

Prospective

This section has no associated Explanatory Notes

4U.K.In Part 5 (performance of regulated activities), after section 71I insert—

Application of this Part to Gibraltar-based personsU.K.

71JApplication of this Part to Gibraltar-based persons

(1)This section applies to an authorised person that—

(a)has a Schedule 2A permission, but

(b)does not have a Part 4A permission.

(2)The person is only required to comply with the provisions listed in subsection (3) if the person has a branch in the United Kingdom.

(3)Those provisions are—

(a)section 59(1) or (2) (approval for particular arrangements), or

(b)section 63E(1) (certification of employees).

(4)In this section, “branch” has the same meaning as in Schedule 2A (see paragraph 3 of that Schedule).

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