Part III Authorisation and Exemption

Ending of authorisation

35 Treaty firms.

1

A Treaty firm ceases to qualify for authorisation under Schedule 4 if its home State authorisation is withdrawn.

2

At the request of a Treaty firm, the Authority may give a direction cancelling its Schedule 4 authorisation.

3

If a Treaty firm has a Part IV permission, it does not cease to be an authorised person merely because it ceases to qualify for authorisation under Schedule 4.