[F1Part 4AU.K.Regulation of loans and related transactions

Textual Amendments

F1Pt. 4A (ss. 71F-71X) inserted (11.9.2006 for E.W.S. for specified purposes, 1.1.2007 for N.I. for specified purposes, 1.7.2008 for N.I. for specified purposes, 15.9.2014 for N.I. in so far as not already in force) by Electoral Administration Act 2006 (c. 22), ss. 61(1), 77(2); S.I. 2006/1972, art. 3, Sch. 1 para. 20(a) (subject to art. 4, Sch. 2) (as substituted by S.I. 2006/2268, art. 3); S.I. 2006/3412, art. 4 (subject to art. 6, Sch. 2); S.I. 2008/1656, art. 2 (subject to art. 3, Sch. 1); S.I. 2014/1809, art. 2

Modifications etc. (not altering text)

[F2CHAPTER 2U.K.SPECIAL PROVISION IN CONNECTION WITH NORTHERN IRELAND

71Z1Extension of categories of authorised participants in relation to Northern Ireland participantsU.K.

(1)In relation to a regulated transaction or controlled transaction involving a Northern Ireland participant, section 71H(3) and paragraph 4(3) of Schedule 7A have effect as if the following were also authorised participants—

(a)an Irish citizen in relation to whom any prescribed conditions are met;

(b)a body which is of a prescribed description or category and in relation to which any prescribed conditions are met.

(2)A description or category of body must not be prescribed for the purposes of subsection (1)(b) unless the Secretary of State is satisfied that a body of that description or category would be entitled under Irish law to enter into a transaction which corresponds to a regulated or controlled transaction in relation to an Irish political party.]]