F1PART 6Transitional and saving provision: limited permission to carry on a regulated activity
Annotations:
Amendments (Textual)
CHAPTER 2Temporary limited variation to carry on additional regulated activity
Application of regulation 3435
1
Regulation 34 applies to a person who—
a
is authorised, under the law of the person’s home state, to carry on an activity which is regulated by the person’s home state regulator, F2...
b
satisfies the conditions in regulation 36, 37, 38 or 39, F3and
c
is not a Gibraltar firm.
2
If a person satisfies the conditions in regulation 37, 38 or 39, a regulator may direct that, nevertheless, regulation 34 does not apply to the person.
3
Regulation 34 applies to a person for the period determined in accordance with regulation 41.
Pt. 6 inserted (1.3.2019) by The Financial Services Contracts (Transitional and Saving Provision) (EU Exit) Regulations 2019 (S.I. 2019/405), regs. 1(2), 2