F1PART 7Transitional and saving provision: exemption from the general prohibition
Annotations:
Amendments (Textual)
CHAPTER 2Exemption from the general prohibition: procedure, etc.
Notification by a person to whom regulation 47 applies53
1
A person—
a
to whom regulation 47 applies, and
b
who satisfies the conditions in regulation 49,
must, as soon as reasonably practicable following the relevant day, notify the FCA that the person is carrying on a regulated activity in the United Kingdom.
2
For the purposes of paragraph (1), the notification must—
a
be made in such manner, and
b
contain, or be accompanied by, such information,
as the FCA may direct.
Pt. 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