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Part XXIXU.K. Interpretation

425 Expressions relating to authorisation elsewhere in the single market.U.K.

(1)In this Act—

[F1(a)[F2“alternative investment fund managers directive”,][F3capital requirements directive] ”, F4... [F5EEA AIFM”,]EEA authorisation”, “EEA firm”, “EEA right”, “EEA State”, [F6“emission allowance auctioning regulation”,] F7. . . , F4... F4... F4... [F8 “insurance mediation directive”,] “insurance mediation directive”, F9. . . [F10“markets in financial instruments directive”,] [F11“mortgages directive”,]single market directives[F12, “Solvency 2 Directive”] [F13, “tied agent”] 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

F4Words in s. 425(1)(a) omitted (1.1.2016) by virtue of The Solvency 2 Regulations 2015 (S.I. 2015/575), reg. 1(2), Sch. 1 para. 16(a)

F9Words in s. 425(1)(a) omitted (1.4.2007 for certain purposes and 1.11.2007 otherwise) by virtue of The Financial Services and Markets Act 2000 (Markets in Financial Instruments) Regulations 2007 (S.I. 2007/126), regs. 1(2), 3(5), Sch. 5 para. 22(a)

F11Words in s. 425(1)(a) inserted (20.4.2015 for specified purposes, 21.12.2015 for specified purposes) by The Mortgage Credit Directive Order 2015 (S.I. 2015/910), art. 1(5), Sch. 1 para. 1(9) (with Pt. 4)