http://www.legislation.gov.uk/uksi/2018/1149/regulation/10/2018-11-07The EEA Passport Rights (Amendment, etc., and Transitional Provisions) (EU Exit) Regulations 2018texttext/xmlenStatute Law DatabaseEXITING THE EUROPEAN UNIONFINANCIAL SERVICES AND MARKETS2024-05-162018-11-07 These Regulations repeal EEA Passport Rights under Schedule 3 to the Financial Services and Markets Act 2000 (c. 8) (“the 2000 Act”) and Treaty Rights under Schedule 4 to that Act. A person with an EEA Passport Right or a Treaty Right is one who is authorised in the person's home EEA state to carry on a regulated activity and, as a result, may become authorised to carry on a regulated activity (see section 22 of the 2000 Act) in the United Kingdom. Reciprocal arrangements are provided by European Union member states. PART 3 Transitional and saving provision: applications for permission to carry on a regulated activityCHAPTER 2Temporary permission to carry on a regulated activityConditions to be satisfied for regulation 8 to apply10The conditions are that, immediately before exit day, the person—ais authorised to carry on a regulated activity in the United Kingdom by virtue of section 31(1)(b) or (c) of the 2000 Act, andbis not authorised to carry on a regulated activity by virtue of section 31(1)(a) of that Act.
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<dc:subject scheme="SIheading">EXITING THE EUROPEAN UNION</dc:subject>
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<dc:modified>2024-05-16</dc:modified>
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<dc:description>These Regulations repeal EEA Passport Rights under Schedule 3 to the Financial Services and Markets Act 2000 (c. 8) (“the 2000 Act”) and Treaty Rights under Schedule 4 to that Act. A person with an EEA Passport Right or a Treaty Right is one who is authorised in the person's home EEA state to carry on a regulated activity and, as a result, may become authorised to carry on a regulated activity (see section 22 of the 2000 Act) in the United Kingdom. Reciprocal arrangements are provided by European Union member states.</dc:description>
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