- Latest available (Revised)
- Original (As made)
This is the original version (as it was originally made).
32.—(1) This article applies to an application made before 21st September 2015 for—
(a)a Part 4A permission or a variation of a Part 4A permission in relation to an activity of the kind specified by—
(i)article 53A(1) of the Regulated Activities Order (advising on regulated mortgage contracts),
(ii)article 25A(2) (arranging regulated mortgage contracts) or 61(3) (entering into and administering regulated mortgage contracts) of the Regulated Activities Order as amended by this Order, or
(iii)article 53DA of the Regulated Activities Order (advising on regulated credit agreements for the acquisition of land) as inserted by this Order; or
(b)entry on the register of consumer buy-to-let mortgage firms under article 8 of this Order (register of consumer buy-to-let mortgage firms).
(2) The application may not be made before such date (“the opening date”) as the FCA may direct.
(3) Directions given under paragraph (2) may—
(a)relate to different categories of applications;
(b)set different opening dates for different categories of applications;
(c)be amended by the FCA by further direction.
(4) An application made before the opening date is to be treated as if it had not been made.
Article 53A was inserted by S.I. 2003/1475.
Article 25A was inserted by S.I. 2003/1475.
Article 61 was amended by S.I. 2001/3544, 2005/2114, 2006/2383 and 2010/2960.
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:
Impact Assessments generally accompany all UK Government interventions of a regulatory nature that affect the private sector, civil society organisations and public services. They apply regardless of whether the regulation originates from a domestic or international source and can accompany primary (Acts etc) and secondary legislation (SIs). An Impact Assessment allows those with an interest in the policy area to understand:
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: