PART 3Transitional and saving provision
CHAPTER 2Temporary registration
Period during which regulation 9 is to apply12
1
For the purposes of regulation 10(b), the period is one that begins with exit day and ends with a day determined in accordance with paragraph (2).
2
The period ends—
a
after three years beginning with the day on which exit day occurs, or
b
if earlier, with the day—
i
before the day on which registration as a trade repository has effect,
ii
iii
on which the person ceases to be included within a group of undertakings which comprises a trade repository registered under the European Markets Infrastructure Regulation, as that Regulation has effect in the European Union.