PART 1Introduction

Citation, commencement and interpretation1.

(1)

These Regulations may be cited as the Gibraltar (Miscellaneous Amendments) (EU Exit) Regulations 2019.

(2)

Regulations 2, 3, 4, 5, 11 and Schedules 1 and 2 come into force on exit day.

(3)

The other provisions in these Regulations come into force immediately before exit day.

(4)

In these Regulations—

(a)

the “CIIU (EU Exit) Regulations 2019” means the Credit Institutions and Insurance Undertakings Reorganisation and Winding Up (Amendment) (EU Exit) Regulations 2019 M1;

(b)

Gibraltarian insurer” means an undertaking pursuing the activity of direct insurance (within the meaning of Directive 2009/138/EC of the European Parliament and of the Council on the taking up and pursuit of the business of Insurance and Reinsurance (“Solvency 2 Directive”) which has received authorisation under the law of Gibraltar which was relied on by Gibraltar before F1IP completion day to implement Article 14 or Article 162 of the Solvency 2 Directive from the Gibraltarian regulator.