SCHEDULES
SCHEDULE 8Gibraltar: minor and consequential amendments
Financial Services and Markets Act 2000 (c. 8)
10
After section 367 insert—
367AWinding-up petitions: Gibraltar-based persons
1
A regulator may not present a petition to the court under section 367 for the winding up of a Gibraltar-based person who has a Schedule 2A permission unless either regulator has been asked to do so by the Gibraltar regulator.
2
If a regulator receives a request from the Gibraltar regulator to present a petition to the court under section 367 for the winding up of a Gibraltar-based person who has a Schedule 2A permission, it must—
a
notify the other regulator of the request, and
b
provide the other regulator with such information relating to the request as it thinks fit.
3
In this section, “the Gibraltar regulator” has the meaning given in Schedule 2A (see paragraph 2 of that Schedule).