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PART IIU.K.Exercise of Passport Rights by EEA Firms

Contents of consent notice and regulator’s noticeU.K.

[F1Notice of qualification for authorisationU.K.

3A.  The appropriate UK regulator must notify the other regulator when an EEA firm qualifies for authorisation where—

(a)the PRA is the appropriate UK regulator;

(b)the FCA is the appropriate UK regulator and the EEA firm intends to carry on a PRA-regulated activity in the United Kingdom.]