PART 2Amendments to the Act
CHAPTER 3Part 4A of the Act: permission to carry on regulated activities
Section 55K (variation and cancellation of Part 4A permission: investment firms)I117
In section 55K (investment firms: particular conditions that enable cancellation), in subsection (1)—
a
in paragraph (c) omit the words from “pursuant”, in the first place it occurs, to “that Chapter,”;
b
in paragraph (d) for the words from “the operating conditions” to “that Chapter,” substitute “
any retained direct EU legislation, or any provision made by or under this Act, which sets the operating conditions
”
.