50 Authority’s duty to consider other permissions etc.U.K.
This section has no associated Explanatory Notes
(1)“Additional Part IV permission” means a Part IV permission which is in force in relation to an EEA firm, a Treaty firm or a person authorised as a result of paragraph 1(1) of Schedule 5.
(2)If the Authority is considering whether, and if so how, to exercise its own-initiative power under this Part in relation to an additional Part IV permission, it must take into account—
(a)the home State authorisation of the authorised person concerned;
(b)any relevant directive; and
(c)relevant provisions of the Treaty.
Modifications etc. (not altering text)
C1S. 50 amended (temp. from 3.9.2001 to 1.12.2001) by S.I. 2001/2659, arts. 1(2), 3(3); S.I. 2001/3538, art. 2(1)
S. 50 modified (temp. from 31.10.2001) by S.I. 2001/3374, arts. 1, 11