Modifications etc. (not altering text)
C1Sch. 4 extended (1.12.2001) by S.I. 2001/2636, arts. 1(2)(b), 28-32; S.I. 2001/3538, art. 2(1)
Valid from 01/12/2001
4(1)On qualifying for authorisation under this Schedule, a Treaty firm has permission to carry on each permitted activity through its United Kingdom branch or by providing services in the United Kingdom.U.K.
(2)The permission is to be treated as being on terms equivalent to those to which the firm’s home state authorisation is subject.
(3)If, on qualifying for authorisation under this Schedule, a firm has a Part IV permission which includes permission to carry on a permitted activity, the Authority must give a direction cancelling the permission so far as it relates to that activity.
(4)The Authority need not give a direction under sub-paragraph (3) if it considers that there are good reasons for not doing so.