Financial Services and Markets Bill - continued        House of Lords
SCHEDULE 6, THRESHOLD CONDITIONS - continued

back to previous text
 
  PART II
  AUTHORISATION
 
Authorisation under Schedule 3
     6. In relation to an EEA firm qualifying for authorisation under Schedule 3, the conditions set out in paragraphs 1 to 5 apply, so far as relevant, to-
 
 
    (a) an application for permission under Part IV;
 
    (b) exercise of the Authority's own-initiative power under section 43 in relation to a Part IV permission.
 
Authorisation under Schedule 4
     7. In relation to a person who qualifies for authorisation under Schedule 4, the conditions set out in paragraphs 1 to 5 apply, so far as relevant, to-
 
 
    (a) an application for an additional permission;
 
    (b) exercise of the Authority's own-initiative power under section 43 in relation to additional permission.
 
previous section contents continue
 
House of Lords home page Houses of Parliament home page House of Commons home page search page enquiries

© Parliamentary copyright 2000
Prepared 11 February 2000