(1) P's interim permission, in so far as it relates to a particular regulated activity or class of activity other than an activity to which paragraph (1A) applies ceases to have effect -
(a) if P applies to the appropriate regulator for Part 4A permission to carry on that activity or (as the case may be) to vary P's permission to add that activity to those to which the permission relates, before a date specified in a direction given by the FCA ("the application date"), the date on which that application is determined;
(b) if P does not make such an application before the application date, the application date;
(c) in any other case, 1st April 2016.
(1ZA) If P has obtained an interim permission by virtue of article 56(2A), 1st July 2016 is to be treated as the application date in relation to that interim permission unless the FCA specifies a different date in a direction made on or after 20th March 2016.
(1A) Paragraphs (1B) and (1C) apply to an activity -
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