The Financial Services and Markets Act 2000 (Amendment) (EU Exit) Regulations 2019

Article 72D (large risks contracts where risk situated outside the EEA)U.K.

This section has no associated Explanatory Memorandum

149.—(1) Article 72D M1 (large risks contracts where risk situated outside the EEA) is amended as set out in paragraphs (2) to (4).

(2) In the heading, for “the EEA” substitute “ the United Kingdom ”.

(3) In paragraph (1), for “an EEA State” substitute “ the United Kingdom ”.

(4) In paragraph (4) omit “(within the meaning of the Seventh Company Law Directive)”.

(5) In consequence of the amendments made by paragraphs (2) and (3), for “outside the EEA” substitute “ outside the United Kingdom ” in the following provisions—

(a)article 24 M2;

(b)article 36(1) M3;

(c)article 39C M4;

(d)article 55(1) M5.

Modifications etc. (not altering text)

Commencement Information

I1Reg. 149 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)

Marginal Citations

M1Article 72D was inserted by S.I. 2003/1476.

M2Article 24 was amended by S.I. 2013/1476, 2013/1773 and 2014/366.

M3Article 36 was inserted by S.I. 2003/1475 and was amended by S.I. 2003/1476, 2013/1773 and 2014/366.

M4Article 39C was inserted by S.I. 2003/1476 and was amended by S.I. 2013/1773 and 2014/366.

M5Article 55 was inserted by S.I. 2003/1475 and was amended by S.I. 2003/1476, 2013/1773 and 2014/366.