SCHEDULES
SCHEDULE 4EEA passport rights and treaty rights
PART 1Amendments of Schedule 3 to FSMA 2000: EEA passport rights
Exercise of passport rights by UK firms
I1I216
1
Paragraph 24 (which relates to UK firms exercising rights under the banking consolidation directive) is amended as follows.
2
In sub-paragraph (1)(a), for “Part IV permission” substitute “
Part 4A permission
”
.
3
In sub-paragraph (2)—
a
for “the Authority”, in the first place, substitute “
either regulator
”
,
b
in paragraph (a), for “Part IV permission” substitute “
Part 4A permission
”
, and
c
in paragraph (b), for “the Authority” substitute “
that regulator
”
.