20Extension of transitional period for benchmarks with non-UK administratorsU.K.
This section has no associated Explanatory Notes
(1)Article 51(5) of the Benchmarks Regulation (transitional provision for benchmarks with administrators located in a country outside the UK) is amended as follows.
(2)In point (a), for “31 December 2022” substitute “ 31 December 2025 ”.
(3)In point (b)—
(a)for “1 January 2023” substitute “ 1 January 2026 ”, and
(b)for “31 December 2022” substitute “ 31 December 2025 ”.
Commencement Information
I1S. 20 in force at 1.7.2021 by S.I. 2021/739, reg. 3(m)