Part III Authorisation and Exemption
Ending of authorisation
34EEA firms.
(1)
An EEA firm ceases to qualify for authorisation under Part II of Schedule 3 if it ceases to be an EEA firm as a result of—
(a)
having its EEA authorisation withdrawn; or
(b)
ceasing to have an EEA right in circumstances in which EEA authorisation is not required.
(2)
At the request of an EEA firm, the Authority may give a direction cancelling its authorisation under Part II of Schedule 3.
(3)
If an EEA firm has a Part IV permission, it does not cease to be an authorised person merely because it ceases to qualify for authorisation under Part II of Schedule 3.