- Latest available (Revised)
- Original (As made)
This is the original version (as it was originally made).
31.—(1) An authorised person whose supervisory authority is the Authority must, before acting as a money service business or a trust or company service provider or within 28 days of so doing, inform the Authority that he intends, or has begun, to act as such.
(2) Paragraph (1) does not apply to an authorised person who—
(a)immediately before 15th December 2007 was acting as a money service business or a trust or company service provider and continues to act as such after that date; and
(b)before 15th January 2008 informs the Authority that he is or was acting as such.
(3) Where an authorised person whose supervisory authority is the Authority ceases to act as a money service business or a trust or company service provider, he must immediately inform the Authority.
(4) Any requirement imposed by this regulation is to be treated as if it were a requirement imposed by or under the 2000 Act.
(5) Any information to be provided to the Authority under this regulation must be in such form or verified in such manner as it may specify.
Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.
Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.
Explanatory Memorandum sets out a brief statement of the purpose of a Statutory Instrument and provides information about its policy objective and policy implications. They aim to make the Statutory Instrument accessible to readers who are not legally qualified and accompany any Statutory Instrument or Draft Statutory Instrument laid before Parliament from June 2004 onwards.
Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:
Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:
Click 'View More' or select 'More Resources' tab for additional information including: