Financial Services and Markets Act 2000 (c. 8)
This section has no associated Explanatory Notes
4In Part 5 (performance of regulated activities), after section 71I insert—
“Application of this Part to Gibraltar-based persons
71JApplication of this Part to Gibraltar-based persons
(1)This section applies to an authorised person that—
(a)has a Schedule 2A permission, but
(b)does not have a Part 4A permission.
(2)The person is only required to comply with the provisions listed in subsection (3) if the person has a branch in the United Kingdom.
(3)Those provisions are—
(a)section 59(1) or (2) (approval for particular arrangements), or
(b)section 63E(1) (certification of employees).
(4)In this section, “branch” has the same meaning as in Schedule 2A (see paragraph 3 of that Schedule).”