34EEA firms
This section has no associated Explanatory Notes
(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(a)having its EEA authorisation withdrawn; or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.