The Financial Services and Markets Act 2000 (Regulated Activities etc.) (Amendment) Order 2025
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Change 1
12 Relevant applications
(1) In relation to a relevant application, the FCA, may by direction specify the date on or after which a relevant application may be made, provided that date is before the regulatory commencement date. (2) A direction given under this article may— (a) specify different dates for different persons or classes of person or for different descriptions of activities; (b) impose different requirements for different circumstances or different categories of application; (c) be amended, substituted or revoked by a further direction. (3) The last date on which a relevant application may be made (“the last application date”) is the day six months after the regulatory commencement date. (4) Subject to article 11(5), a relevant application made before any date specified by a direction given in accordance with paragraph (1) is to be treated as if it had not been made.
12 Relevant applications
(1) In relation to a relevant application, the FCA, may by direction specify the date on or after which a relevant application may be made, provided that date is before the regulatory commencement date. (2) A direction given under this article may— (a) specify different dates for different persons or classes of person or for different descriptions of activities; (b) impose different requirements for different circumstances or different categories of application; (c) be amended, substituted or revoked by a further direction. (3) The last date on which a relevant application may be made (“the last application date”) is the day six months after the regulatory commencement date. (4) Subject to article 11(5), a relevant application made before any date specified by a direction given in accordance with paragraph (1) is to be treated as if it had not been made.
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