425 Expressions relating to authorisation elsewhere in the single market.U.K.
(1)In this Act—
[F1(a)“banking consolidation directive”, [F2“life assurance consolidation directive”]“EEA authorisation”, “EEA firm”, “EEA right”, “EEA State”, F3. . . , “first non-life insurance directive”, “insurance directives”, [F4“insurance mediation directive”,]“insurance mediation directive”, “investment services directive”[F5“markets in financial instruments directive”,], “single market directives” and “UCITS directive” have the meaning given in Schedule 3; and]
(b)“home state regulator”, in relation to an EEA firm, has the meaning given in Schedule 3.
(2)In this Act—
(a)“home state authorisation” has the meaning given in Schedule 4;
(a)“Treaty firm” has the meaning given in Schedule 4; and
(c)“home state regulator”, in relation to a Treaty firm, has the meaning given in Schedule 4.
Textual Amendments
F1S. 425(1)(a) substituted (13.2.2004) by The Collective Investment Schemes (Miscellaneous Amendments) Regulations 2003 (S.I. 2003/2066), reg. 2(1)
F2Words in s. 425(1)(a) inserted (11.1.2005) by The Life Assurance Consolidation Directive (Consequential Amendments) Regulations 2004 (S.I. 2004/3379), reg. 6(5)(a)
F3Words in s. 425(1)(a) omitted (11.1.2005) by virtue of The Life Assurance Consolidation Directive (Consequential Amendments) Regulations 2004 (S.I. 2004/3379), reg. 6(5)(b)
F4Words in s. 425(1)(a) inserted (14.1.2005) by virtue of The Insurance Mediation Directive (Miscellaneous Amendments) Regulations 2003 (S.I. 2003/1473), reg. 2(1)
F5Words in s. 425(1)(a) inserted (6.12.2006) by The Financial Services and Markets Act 2000 (Markets in Financial Instruments) (Modification of Powers) Regulations 2006 (S.I. 2006/2975), reg. 11