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

Article 59 (annual accounts and directors' report) U.K.

174.—(1) Article 59 (annual accounts and directors' report) is amended as follows.

(2) In paragraph (1)(b)—

(a) at the end of sub-paragraph (ai) M1 insert “ or ”;

(b) at the end of sub-paragraph (i) M2 omit “or”;

(c) omit sub-paragraph (iii) M3 .

(3) In paragraph (7) omit sub-paragraph (e).

(4) The amendments made by this regulation do not apply in relation to any report for a financial year beginning before [F1 IP completion day].

Textual Amendments

F1 Words in reg. 174(4) substituted (30.12.2020) by The Financial Services and Economic and Monetary Policy (Consequential Amendments) (EU Exit) Regulations 2020 (S.I. 2020/1301), regs. 1, 3, Sch. para. 33(v)

Modifications etc. (not altering text)

C1 Pts. 3-6 modified in part (31.12.2020) by The Gibraltar (Miscellaneous Amendments) (EU Exit) Regulations 2019 (S.I. 2019/680), regs. 1(2), 11(1)(4)(5) (with reg. 11(8)-(10)) (as amended by S.I. 2020/1301, regs. 1, 3, Sch. para. 40(f)); 2020 c. 1, Sch. 5 para. 1(1)

Commencement Information

I1 Reg. 174 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

M1 Sub-paragraph (ai) was inserted by S.I. 2015/352.

M2 Sub-paragraph (i) was amended by S.I. 2011/1265.

M3 Sub-paragraph (iii) was amended by S.I. 2011/1265 and S.I. 2015/352.