Amendments to Schedule 3 (EEA passport rights)U.K.
54.—(1) Schedule 3 (EEA passport rights) is amended as follows.
(2) For paragraph 4C M1 substitute—
“(4C) “The markets in financial instruments directive” means Directive 2014/65/EU of the European Parliament and of the Council of 15 May 2014 on markets in financial instruments.”.
(3) In paragraph 11A M2 for “4.1.25” substitute “ 4.1.29 ”.
(4) In paragraph 12(3) M3 after “5(a)”, insert “ or (b) ”.
(5) In paragraph 14(1)(ba) M4 for “31.5” substitute “ 34.6 ”.
(6) In paragraph 20(4BA) M5 for “31.6” substitute “ 34.7 ”.
(7) In paragraph 20A M6—
(a)after “investment firm” in both places, insert “ or UK credit institution ”; and
(b)after sub-paragraph (2) insert—
“(3) In this paragraph “UK credit institution” means a UK firm—
(a)which is a credit institution; and
(b)whose EEA right derives from the markets in financial instruments directive.”.
Marginal Citations
M1Paragraph 4C was inserted by S.I. 2006/2975.
M2Paragraph 11A was inserted by S.I. 2007/126.
M3Paragraph 12(3) was inserted by S.I. 2007/126.
M4Paragraph 14(1)(ba) was inserted by S.I. 2007/126 and amended by paragraph 3(2) of Schedule 4 to the Financial Services Act 2012.
M5Paragraph 20(4BA) was inserted by S.I. 2007/126 and amended by paragraph 11(2) of Schedule 4 to the Financial Services Act 2012.
M6Paragraph 20A was inserted by S.I. 2007/126.