Legislation – The EEA Passport Rights (Amendment, etc., and Transitional Provisions) (EU Exit) Regulations 2018
Changes to legislation:
The EEA Passport Rights (Amendment, etc., and Transitional Provisions) (EU Exit) Regulations 2018, Section 45 is up to date with all changes known to be in force on or before 16 April 2026. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
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F1PART 6Transitional and saving provision: limited permission to carry on a regulated activity
CHAPTER 5Savings
Requirements imposed by a home state regulator45.
(1)
This regulation applies in respect of a person to whom regulation 28 or 34 applies by virtue of the conditions in regulation 30 or 36.
(2)
A requirement imposed by a home state regulator and which has effect immediately before F2IP completion day continues to have effect on and after that day as if it were imposed by a regulator under—
(a)
section 55L (imposition of requirements by FCA) of the 2000 Act, or
(b)
section 55M (imposition of requirements by PRA) of that Act.
(3)
The requirement only has effect in so far as it could have been imposed by a regulator under those sections.