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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 7 February 2024 - onwards
Version 6 of 6

55A. Application for permission

(1) An application for permission to carry on one or more regulated activities may be made to the appropriate regulator by -

(a) an individual,

(b) a body corporate,

(c) a partnership, or

(d) an unincorporated association.

(2) "The appropriate regulator", in relation to an application under this section, means (subject to subsection (2B)) -

(a) the PRA, in a case where -

(i) the regulated activities to which the application relates consist of or include a PRA-regulated activity, or

(ii) the applicant is a PRA-authorised person otherwise than by virtue of a Part 4A permission;

(b) the FCA, in any other case.