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PART 1Introduction

Citation, commencement and interpretation

1.—(1) These Regulations may be cited as the Central Counterparties (Amendment, etc., and Transitional Provision) (EU Exit) Regulations 2018.

(2) Parts 2 to 5 of these Regulations come into force on exit day.

(3) This Part and Part 6 of these Regulations come into force the day after the day on which they are made.

(4) In these Regulations—

“the 2000 Act” means the Financial Services and Markets Act 2000(1);

“central counterparty” has the meaning given in section 313(1) (interpretation of Part 18)(2) of the 2000 Act.

“the EMIR Regulation” means Regulation (EU) No 648/2012 of the European Parliament and of the Council of 4 July 2012 on OTC derivatives, central counterparties and trade repositories.

(2)

The definition of central counterparty was inserted by S.I. 2013/504.