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Version status: Omitted | Document consolidation status: Updated to reflect all known changes
Version date: 31 December 2020 - onwards
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193. Interpretation of this Part

Omitted from 31 December 2020

(1) In this Part -

"additional procedure" means the procedure described in section 199;

"incoming firm" means - (a) an EEA firm which is exercising, or has exercised, its right to carry on a regulated activity in the United Kingdom in accordance with Schedule 3; or (aa) an EEA UCITS which is a recognised scheme under section 264; (ab) an EEA AIFM which is exercising, or has exercised, its right to market an AIF in the United Kingdom in accordance with Schedule 3; or (b) a Treaty firm which is exercising, or has exercised, its right to carry on a regulated activity in the United Kingdom in accordance with Schedule 4;

and

"power of intervention" means the power conferred on the FCA or the PRA by section 196.

(1A) In the definition of "incoming firm" references to an EEA UCITS include, in a case where the UCITS is not a body corporate, references to its management company.

    (2) In relation to an incoming firm which is an EEA firm or an EEA UCITS, expressions used in this

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