This section has no associated Explanatory Memorandum
34. In Article 8 (assessment criteria for the principle purpose test)—
(a)in paragraph 2, at point (a), for “Member State where the regulatory body is established” substitute “ United Kingdom ”;
(b)in paragraph 2, at point (b), for “different” substitute “ the United Kingdom and one or more ”.
Commencement Information
I1Reg. 34 in force at 31.12.2020 on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(3)(b)