PART 4Transitional Provisions
FCA power to direct timing of applications for permission and registration32
1
This article applies to an application made before 21st September 2015 for—
a
a Part 4A permission or a variation of a Part 4A permission in relation to an activity of the kind specified by—
i
article 53A M1 of the Regulated Activities Order (advising on regulated mortgage contracts),
ii
iii
article 53DA of the Regulated Activities Order (advising on regulated credit agreements for the acquisition of land) as inserted by this Order; or
b
entry on the register of consumer buy-to-let mortgage firms under article 8 of this Order (register of consumer buy-to-let mortgage firms).
2
The application may not be made before such date (“the opening date”) as the FCA may direct.
3
Directions given under paragraph (2) may—
a
relate to different categories of applications;
b
set different opening dates for different categories of applications;
c
be amended by the FCA by further direction.
4
An application made before the opening date is to be treated as if it had not been made.