63.—(1) This article applies where, in relation to a relevant person—
(a)the Regulator—
(i)granted an authorisation under regulation 12(1) of the 2006 Regulations subject to a condition (“relevant condition”);
(ii)in relation to an authorisation under regulation 12(1) of the 2006 Regulations—
(aa)made a variation of the authorisation under regulation 46(2)(b) of the 2006 Regulations (“relevant variation”) by limiting the classes of claims management services that the person authorised by the authorisation may undertake or provide or otherwise varying the conditions of the authorisation; or
(bb)suspended the authorisation for a period under regulation 46(2)(a) of the 2006 Regulations (“relevant suspension”); or
(iii)gave a direction (“relevant direction”) to the relevant person under regulation 29(3) of the 2006 Regulations; and
(b)immediately before 1st April 2019, the relevant condition, the relevant variation, the relevant suspension or the relevant direction still has effect.
(2) A relevant condition is to be treated as a requirement imposed by the FCA under section 55L(1) of the 2000 Act(1) which took effect on the date on which the authorisation was granted, and for that purpose the grant of the authorisation is to be treated as the giving by the FCA of a Part 4A permission.
(3) A relevant suspension is to be treated as a suspension imposed by the FCA under section 206A(1) of the 2000 Act which took effect—
(a)on 1st April 2019 for the purposes of section 206A(3) of the 2000 Act; and
(b)on the date on which the authorisation was suspended for all other purposes.
(4) A relevant direction is to be treated as a requirement imposed by the FCA under section 55L(3) of the 2000 Act which took effect on the date on which the direction was given.
(5) Where a relevant variation imposed a limitation or, by varying conditions (including imposing any additional condition), imposed a new or revised requirement, the limitation or the requirement is to be treated as a requirement imposed by the FCA under section 55L(3) of the 2000 Act which took effect on the date on which the variation was made.
(6) For the purposes of paragraphs (4) and (5) the relevant person is to be treated as having had, on the date on which the direction was given or the variation was made, a Part 4A permission to carry on a regulated claims management activity.
Section 55L was inserted by the Financial Services Act 2012 (c. 21), section 11(2).