PART VIAMENDMENTS OF CONSUMER CREDIT ACT

Effect of standard licence34

1

Section 22 of the Consumer Credit Act22 (standard and group licences) shall have effect as if it included provision that a standard licence held by a European investment firm or quasi-European investment firm does not cover the provision by that firm of any listed services.

2

In this regulation and regulation 35 below “standard licence” has the meaning given by section 22(1)(a) of the Consumer Credit Act.