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The EEA Passport Rights (Amendment, etc., and Transitional Provisions) (EU Exit) Regulations 2018
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- UK Statutory Instruments
- 2018 No. 1149
- PART 7
- CHAPTER 1
- Regulation 49
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Changes over time for: Section 49
Version Superseded: 06/09/2019
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- 01/03/2019- Amendment
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- 31/01/2020- Amendment
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The EEA Passport Rights (Amendment, etc., and Transitional Provisions) (EU Exit) Regulations 2018, Section 49 is up to date with all changes known to be in force on or before 23 November 2024. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
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[F1Conditions to be satisfied for regulation 47 to apply: persons who cease to be authorised on exit dayU.K.
This section has no associated Explanatory Memorandum
49. The conditions are that the person is one—
(a)who, immediately before exit day—
(i)is authorised to carry on a regulated activity in the United Kingdom by virtue of section 31(1)(b) or (c) of the 2000 Act, and
(ii)is carrying on such an activity in the United Kingdom other than through an establishment in the United Kingdom,
[F2(aa)who is not a Gibraltar firm,]
(b)who, on exit day, is not authorised to carry on a regulated activity by virtue of section 31(1)(a) of the 2000 Act, and
(c)to whom regulation 8 does not apply.
(2) In this regulation, reference to carrying on a regulated activity at a particular time includes where the performance of a pre-existing contract requires, or may require, a regulated activity to be carried on at another time.]
Textual Amendments
F1Pt. 7 inserted (1.3.2019) by The Financial Services Contracts (Transitional and Saving Provision) (EU Exit) Regulations 2019 (S.I. 2019/405), regs. 1(2), 3
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