The Financial Services (Banking Reform) Act 2013 (Transitional and Savings Provisions) Order 2015

Determination of a continuing application

This section has no associated Explanatory Memorandum

16.  When determining a pre-implementation application which—

(a)has not been withdrawn or determined before 7th March 2016, and

(b)on and after 7th March 2016, is treated under article 12 as having been made in respect of the notified application functions,

the regulator may have regard to anything it could have had regard to if the application had been made on or after 7th March 2016.