- Latest available (Revised)
- Original (As made)
This is the original version (as it was originally made). This item of legislation is currently only available in its original format.
14. In regulation 23 (interpretation of Part 3)—
(a)in the definition of “branch”, for “UK credit or financial institution” substitute “Territory credit or financial institution”;
(b)for the definition of “UK credit or financial institution” substitute—
““Territory credit or financial institution”, in relation to the Territory, means—
a person that would satisfy the threshold conditions for permission under Part 4A of the Financial Services and Markets Act 2000 (permission to carry on regulated activity) if it had its registered office (or if it does not have one, its head office) in the United Kingdom, or
an undertaking which by way of business—
operates a currency exchange office,
transmits money (or any representation of monetary value) by any means, or
cashes cheques that are made payable to customers.”;
(c)in paragraph (2), for “UK credit or financial institution” substitute “Territory credit or financial institution”.
Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.
Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.
Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:
Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:
Click 'View More' or select 'More Resources' tab for additional information including: