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Version date: 1 January 2024 - onwards
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7 Interpretation of Chapter

(1) In this Chapter -

"EU directive" means a directive within the meaning of Article 288 of the Treaty on the Functioning of the European Union;

"EU tertiary legislation" has the same meaning as in the European Union (Withdrawal) Act 2018 (see section 20(1));

"legislation" means primary legislation, assimilated direct legislation or subordinate legislation;

"regulator" means - (a) the FCA, (b) the PRA, (c) the Bank of England, or (d) the Payment Systems Regulator;

"the transitional period" has the meaning given in section 2(2).

(2) For the purposes of this Chapter, references to legislation do not include references to rules made by a regulator.

(3) For the purposes of this Chapter, subordinate legislation was subject to affirmative resolution on being made if it was made with approval given by a resolution of each House of Parliament (whether before or after it was made).

(4) References in this Chapter to the revocation of legislation are, in relation to the legislation re

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