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PART 8 U.K.Transitional Provisions

CHAPTER 1U.K.Advance applications

Effect of determining an advance applicationU.K.

27.  A decision under regulation 26(3) has effect from—

(a)the day of notification, or

(b)[F1IP completion day],

whichever is later, as if it were a decision to register or refuse registration adopted in accordance with Article 16 of the CRA Regulation (notwithstanding provision in Chapter 1 of Title 3 of that Regulation in respect of when a decision has effect).

Textual Amendments

F1Words in reg. 27 substituted (31.1.2020 immediately before exit day) by The Financial Services (Consequential Amendments) Regulations 2020 (S.I. 2020/56), regs. 1, 11(a)

Commencement Information

I1Reg. 27 in force at 14.2.2019, see reg. 1(2)