Article 15 Enforcement provisions relating to securitisation repositories
1. In this Article ‘the 2019 Regulations’ means the Over the Counter Derivatives, Central Counterparties and Trade Repositories (Amendment, etc., and Transitional Provision) (EU Exit) Regulations 2019 [S.I. 2019/335.].
2. Part 4 of the 2019 Regulations (specific provision for trade repositories) has effect in relation to a securitisation repository as it has effect in relation to a trade repository.
For the purposes of paragraph 2, Part 4 of the 2019 Regulations has effect in relation to a securitisation repository with the following modifications:
(a) ignore Chapter 1 (preliminary);
(b) in Chapter 1A, Chapter 2 and Chapter 3 (application of the 2000 Act for the purposes of this Part), including any modification of the 2000 Act which is made by that Chapter:
(i) a reference to Part 4 of the 2019 Regulations is a reference to that Part as applied by this Article;
(ii) a reference to the 2019 Regulations (other than in a reference to Part 4) is a reference to those Regulations as applied by this Article;