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The Financial Services (Banking Reform) Act 2013 (Transitional and Savings Provisions) (Amendment) Order 2015
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Amendments to article 1 (citation, commencement and interpretation)
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3.—(1) Article 1(2) is amended as follows.
(2) Omit the definition of “branch”.
(3) For the definition of “class 2 firm” substitute—
““class 2 firm” means a PRA-authorised person(1) other than a relevant authorised person(2);”.
(4) After the definition of “FSMA” insert—
““insurer” has the meaning given in section 71A(6)(d);
“non-UK institution” has the meaning given in section 71A(6)(b);”
(5) Omit the definition of “the rule-making date”.
(1)
“PRA-authorised person” is defined in section 2B(5) of the Financial Services and Markets Act 2000 (c. 8) (“the 2000 Act”).
(2)
“relevant authorised person” is defined in section 71A of the 2000 Act. Section 71A was inserted by the 2013 Act, section 33.
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