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PART 2Amendments to the Act

CHAPTER 8Part 12 of the Act: control over authorised persons

Section 191G (interpretation of Part 12)

56.  In section 191G(1) (interpretation), in subsection (1)—

(a)omit the definition of “credit institution”(2);

(b)in the definition of “UK authorised person”, in paragraph (b), after “Schedule 5” insert “, or a person treated as having a Part 4A permission to carry on a regulated activity by virtue of regulation 71 of the Collective Investment Schemes (Amendment etc.) (EU Exit) Regulations 2019”(3).

(1)

Section 191G was substituted by S.I. 2009/534.

(2)

The definition of “credit institution” in section 191G(1) was amended by S.I. 2013/3115.