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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 1 April 2013 - onwards
Version 3 of 3

Schedule Application of the Act and the Principal Order to persons with an Interim Permision or an Interim Approval

Article 7

1. Paragraphs 2 and 3 apply to every person with interim permission.

2. For the purposes of section 20 (authorised persons acting without permission), a person’s interim permission is treated as having been given to him under Part 4A of the Act.

3. A person’s interim permission is to be disregarded for the purposes of -

(a) subsection (2) of section 38 (exemption orders),

(b) subsection (2) of section 40 (application for permission),

(c) subject to paragraph 7, section 42 (giving permission),

(d) section 43 (imposition of requirements), and

(e) subsections (1), (4) and (5) of section 44 (variation etc. at request of authorised person).

4. Paragraphs 5(1), 6 to 9, 11, 12 and 13 apply to a person who falls within subsection (1) of section 31 (authorised persons) only by virtue of having an interim permission.