The Securities Financing Transactions, Securitisation and Miscellaneous Amendments (EU Exit) Regulations 2020

• (1) The Gibraltar (Miscellaneous Amendments) (EU Exit) Regulations 2019[^f00048] are amended as follows.

• (2) In regulation 3 (the Credit Institutions (Reorganisation and Winding Up) Regulations 2004[^f00049]), after the words “Gibraltarian credit institutions,” insert “investment firms and group companies”.

• (3) In Schedule 1 (modifications to the Insurers (Reorganisation and Winding Up) Regulations 2004[^f00050])—

• (a) at the beginning of paragraph 2, after the words “Regulation 2 applies as if—” insert—

(a) in paragraph (1)—

• (b) in paragraph (2), re-number paragraphs (a) to (h) as (i) to (viii);

• (c) at the end of paragraph 2, after sub-paragraph (viii) insert—

(b) in paragraph (2)— (i) in sub-paragraphs (a) and (b), for “the relevant EEA State” both times it occurs, there were substituted “Gibraltar”; (ii) the words after sub-paragraph (b) were omitted.

• (d) for paragraph 6 substitute—

(6) Regulation 10 applies as if— (a) in the heading, for “EEA regulators”, there were substituted “the Gibraltarian regulator”; (b) for “EEA regulators in every EEA State”, both times it occurs, there were substituted “Gibraltarian regulator”.

• (4) In Schedule 2 (modifications to the Credit Institutions (Reorganisation and Winding Up) Regulations 2004)—

• (a) in paragraph 3, after sub-paragraph (b) insert—

(c) paragraph (7A) were omitted.

• (b) in paragraph 6, for “from the purposes of Articles 10” substitute “for the purposes of Articles 10”;

• (c) in paragraph 7, for sub-paragraph (c) substitute—

(c) for paragraph (4), there were substituted— (4) In this regulation, the “relevant person” means, if the UK credit institution has a branch in Gibraltar, the Gibraltarian regulator.

The Public Record, Disclosure of Information and Co-operation (Financial Services) (Amendment) (EU Exit) Regulations 2019

61

• (1) Regulation 4(2) (the Financial Services and Markets Act 2000 (Disclosure of Confidential Information) Regulations 2001) of the Public Record, Disclosure of Information and Co-operation (Financial Services) (Amendment) (EU Exit) Regulations 2019[^f00051] is amended as follows.

• (2) Omit sub-paragraphs (c) and (d).

• (3) In sub-paragraph (g), in sub-paragraphs (a) and (b)(ii) of the definition of “markets in financial instruments information” omit “(as amended by the Markets in Financial Instruments (Amendment) (EU Exit) Regulations 2018[^f00052])”.

• (4) In sub-paragraph (m), in the definition of “retained EU law restrictions”, for “as they had effect immediately before exit day” substitute “, and (excluding those specified at paragraphs (h) and (j) of that definition) as they had effect immediately before IP completion day,”.

• (5) Omit sub-paragraph (n).

• (6) In sub-paragraph (o), in the definition of “short-selling information” omit “(as amended by the Short Selling (Amendment) (EU Exit) Regulations 2018[^f00053]”.

The International Accounting Standards and European Public Limited-Liability Company (Amendment etc.) (EU Exit) Regulations 2019

62

In paragraph 63(1) of Schedule 1 to the International Accounting Standards and European Public Limited-Liability Company (Amendment etc.) (EU Exit) Regulations 2019[^f00054], for “last amended by Regulation (EU) 2019/2099 of the European Parliament and of the Council of 23 October 2019” substitute “it forms part of retained EU law”.

The Official Listing of Securities, Prospectus and Transparency (Amendment etc.) (EU Exit) Regulations 2019

63

Omit regulation 73 (prospectus approved before 21st July 2019 by competent authority of other EEA state) of the Official Listing of Securities, Prospectus and Transparency (Amendment etc.) (EU Exit) Regulations 2019[^f00055].

The Financial Services (Miscellaneous) (Amendment) (EU Exit) Regulations 2019

64

• (1) The Financial Services (Miscellaneous) (Amendment) (EU Exit) Regulations 2019[^f00056] are amended as follows.

• (2) In regulation 25 (revocation of UK instruments), omit paragraphs (b) and (c).

• (3) In regulation 26 (Regulation (EU) 648/2012), for “last amended by Regulation (EU) 2019/2099 of the European Parliament and of the Council of 23 October 2019” substitute “it forms part of retained EU law”.

• (4) In regulation 33 (revocation of EU Regulations), omit paragraph (b).

• (5) Omit regulation 41 (transitional provision: group supervision).

The Capital Requirements (Amendment) (EU Exit) Regulations 2019

65

• (1) The Capital Requirements (Amendment) (EU Exit) Regulations 2019[^f00057] are amended as follows.

• (2) Omit—

• (a) regulation 14 (Article 11 (general treatment));

• (b) regulation 17 (Article 18 (methods of prudential consolidation));

• (c) regulation 36 (Article 124 (exposures secured by mortgages on immovable property));

• (d) regulation 38 (Article 164 (loss given default (LGD))).

• (3) In regulation 79 (Article 501a (adjustment to own funds requirements for credit risk for exposures to entities that operate or finance physical structures or facilities, systems and networks that provide or support essential public services)), after “Omit” insert “paragraphs 4 and 5 of”.

The Prospectus (Amendment etc.) (EU Exit) Regulations 2019

66

• (1) The Prospectus (Amendment etc.) (EU Exit) Regulations 2019[^f00058] are amended as follows.

• (2) In regulation 71 (amendments of Commission Delegated Regulation (EU) 2019/980)—

• (a) after paragraph (2), insert—

(2A) Omit Article 11.

• (b) omit paragraph (4)(a);

• (c) omit paragraph (5)(a).

• (3) In the Schedule (amendments of Annexes to Commission Delegated Regulation (EU) 2019/980)—

• (a) after paragraph 7, insert—

(7A) Omit Annex 10.

• (b) in paragraph 19(7)(b), omit “in the second paragraph, in point (a), ”;

• (c) in paragraph 20(6)(b), omit “in the second paragraph, in point (a), ”;

• (d) omit paragraph 22(8).

The Over the Counter Derivatives, Central Counterparties and Trade Repositories (Amendment, etc., and Transitional Provision) (EU Exit) (No. 2) Regulations 2019

67

• (1) The Over the Counter Derivatives, Central Counterparties and Trade Repositories (Amendment, etc., and Transitional Provision) (EU Exit) (No. 2) Regulations 2019[^f00059] are amended as follows.

• (2) In regulation 25, for “last amended by Regulation (EU) 2019/2099 of the European Parliament and of the Council of 23 October 2019” substitute “it forms part of retained EU law”.

• (3) In regulation 29—

• (a) omit paragraph (2)(a);

• (b) after paragraph (2) insert—

(2A) In paragraph 1a, in the fourth sub-paragraph, in point (a) for “Union” substitute “United Kingdom”. (2B) For paragraph 1d, substitute— (1d) The trustees or managers of an occupational pension scheme (within the meaning given in section 1(1) of the Pension Schemes Act 1993) shall be responsible, and legally liable, for reporting the details of OTC derivative contracts to which that occupational pension scheme is a counterparty.

• (4) Omit regulation 32.

The Financial Services (Miscellaneous Amendments) (EU Exit) Regulations 2020

68

In regulation 12(4) of the Financial Services (Miscellaneous Amendments) (EU Exit) Regulations 2020[^f00060], in new regulation 14A(3)(c)(ii) to be inserted by that provision, for “both places” substitute “each place”.

The Over the Counter Derivatives, Central Counterparties and Trade Repositories (Amendment, etc., and Transitional Provision) (EU Exit) Regulations 2020

69

• (1) The Over the Counter Derivatives, Central Counterparties and Trade Repositories (Amendment, etc., and Transitional Provision) (EU Exit) Regulations 2020[^f00061] are amended as follows.

• (2) In regulation 20 (Article 25: general amendments)—

• (a) after subparagraph (9)(c) insert—

(ca) after the third sub-paragraph insert— Recognition under this Article must be granted only for services or activities linked to clearing and the decision granting recognition must specify the services or activities which the CCP is recognised to provide or perform, including the classes of financial instruments covered by the recognition.

• (b) in paragraph (10), in new paragraph 4A, at point (a), for “6 months” substitute “18 months”.

• (3) In regulation 30 (Article 81), for the text to be inserted at the end of Article 81(3) of Regulation (EU) No 648/2012 of the European Parliament and of the Council of 4 July 2012 on OTC derivatives, central counterparties and trade repositories, substitute—

; (g) the body known as the Panel on Takeovers and Mergers; (h) the PRA.

The Equivalence Determinations for Financial Services (Amendment etc.) (EU Exit) Regulations 2020

70

• (1) The Equivalence Determinations for Financial Services (Amendment etc.) (EU Exit) Regulations 2020[^f00062] are amended as follows.

• (2) For regulation 1(2) (citation and commencement) substitute—

(2) Subject to paragraph (3), these Regulations come into force on the day after the day on which they are made. (3) Regulations 6A and 8A come into force the day after the day on which the Securities Financing Transactions, Securitisation and Miscellaneous Amendments (EU Exit) Regulations 2020 are made.

• (3) After regulation 6 (application of the 2000 Act to the Bank in relation to its functions under these Regulations), insert—

(6A) Section 398 (misleading the FCA or PRA: residual cases) of the Financial Services and Markets Act 2000[^f00063] applies to a requirement to provide information in accordance with these Regulations as it applies to a requirement falling within subsection (1A) of that section.

• (4) After regulation 8 (effect of applications, equivalence directions and regulatory decisions on or after IP completion day) insert—

(8A) (1) Before IP completion day, the FCA may establish arrangements with a third country regulator for the purposes of Article 5(7) of CRAR; (2) Nothing in this regulation affects the operation or scope of the FCA’s existing powers. (3) In this regulation, “third country regulator” means a regulator, other than a regulator for the UK or a part of the UK or an EEA regulator, with functions that correspond to those of the FCA in relation to CRAR.

Amendments to cross references to retained EU Regulations

71

The Schedule has effect.

PART 6 — Amendment or revocation of retained direct EU legislation

Regulation (EC) No 924/2009

72

• (1) Regulation (EC) No 924/2009 of the European Parliament and of the Council of 16 September 2009 on cross-border payments in the Community and repealing Regulation (EC) No 2560/2001 is amended as follows.

• (2) In Article 1—

• (a) in paragraph 1, for “Union” substitute “United Kingdom”;

• (b) in paragraph 2—

• (i) omit the first sub-paragraph;

• (ii) for the second sub-paragraph substitute—

This Regulation shall apply to national and cross-border payments that are denominated in euro, sterling or in a national currency of a Member State of the European Union other than the euro and that involve a currency conversion service.

• (c) after paragraph 2 insert—

(2A) In respect of cross-border payments, this Regulation applies only to those parts of a payment transaction which are carried out in the United Kingdom.

• (d) omit paragraph 4.

• (3) In Article 2—

• (a) for point (1) substitute—

(1) ‘cross-border payment’ means an electronically processed payment transaction initiated by a payer or by or through a payee where— (a) the payer’s payment service provider is located in the United Kingdom and the payee’s payment service provider is located in the EEA; or (b) the payee’s payment service provider is located in the United Kingdom and the payer’s payment service provider is located in the EEA, and for the purposes of this definition, “payment service provider” has the same meaning as in regulation 40(1A)(a) of the Payment Services Regulations 2017[^f00064];

• (b) in point (2), for “same Member State” substitute “United Kingdom”;

• (c) for point (5) substitute—

(5) ‘payment service provider’ has the same meaning as in regulation 2(1) of the Payment Services Regulations 2017;

• (d) in point (9), for “Article 59(2) of Directive (EU) 2015/2366 of the European Parliament and of the Council” substitute “regulation 57(2) of the Payment Services Regulations 2017”;

• (e) for point (10) substitute—

(10) ‘funds’ has the same meaning as in regulation 2(1) of the Payment Services Regulations 2017.

• (f) omit points (11) to (15).

• (4) Omit Article 3.

• (5) In Article 3a, in paragraph 1—

• (a) for “Articles 45(1), 52(3) and 59(2) of Directive (EU) 2015/2366” substitute “regulations 43(1), 48(1) (taken with paragraph 3 of Schedule 4) and 57(2) of the Payment Services Regulations 2017”;

• (b) for “Article 59(2) of that Directive” substitute “regulation 57(2) of the Payment Services Regulations 2017”.

• (6) In Article 3b, in paragraph 1—

• (a) for “point (24) of Article 4 of Directive (EU) 2015/2366” substitute “regulation 2(1) of the Payment Services Regulations 2017”;

• (b) for “Articles 45(1) and 52(3) of that Directive” substitute “regulations 43(1) and 48(1) (taken with paragraph 3 of Schedule 4) of the Payment Services Regulations 2017”.

• (7) Omit Articles 4 to 17.

Regulation (EU) No 231/2013

73

After Article 1 of Commission Delegated Regulation (EU) No 231/2013 of 19 December 2012 supplementing Directive 2011/61/EU of the European Parliament and of the Council with regard to exemptions, general operating conditions, depositaries, leverage, transparency and supervision insert—

(1) Articles 2, 7 and 8 apply to a small AIFM subject to the modifications in paragraphs 2 and 3. (2) In Article 2(2), second sub-paragraph, as if “AIFs managed by the AIFM for which the AIFM has delegated functions in accordance with section 3.10 of the Investment Funds sourcebook” includes AIFs managed by a small AIFM for which that small AIFM has delegated functions. (3) In Articles 7 and 8, as if section 3.9 of the Investment Funds sourcebook applied to a small AIFM as it does to a full-scope UK AIFM.

Regulation (EU) No 575/2013

74

• (1) Regulation (EU) No 575/2013 of the European Parliament and of the Council of 26 June 2013 on prudential requirements for credit institutions and investment firms and amending Regulation (EU) No 648/2012 is amended as follows.

• (2) In Article 11—

• (a) in paragraph 1, for “Parent institutions in a Member State” substitute “UK parent institutions”;

• (b) in paragraph 2—

• (i) for “‘parent institution in a Member State’, ‘EU parent institution’” substitute “‘UK parent institution’”;

• (ii) after “Directive 2013/36/EU”, in each place it occurs, insert “ UK law”;

• (c) in paragraph 3a—

• (i) for “non-EU G-SII”, in each place it occurs, substitute “non-UK G-SII”;

• (ii) for “EU parent undertakings” substitute “UK parent undertakings”;

• (iii) in the second sub-paragraph, omit “Where Article 21b(2) of Directive 2013/36/EU applies, the two intermediate EU parent undertakings jointly identified as a material subsidiary shall each comply with Article 92b of this Regulation on the basis of their consolidated situation.”;

• (d) in paragraph 4, first sub-paragraph—

• (i) for “EU parent institutions”, in each place it occurs, substitute “UK parent institutions”;

• (ii) for “points (3) and (6) of Section A of Annex I to Directive 2014/65/EU” substitute “paragraphs 3 and 6 of Part 3 of Schedule 2 to the Regulated Activities Order”;

• (iii) for “Pending the report from the Commission referred to in Article 508(2) of this Regulation, and where the group comprises only investment firms, competent authorities” substitute “Where the group comprises only investment firms, the competent authority”;

• (e) omit paragraph 5;

• (f) in paragraph 6—

• (i) for the first sub-paragraph substitute—

(6) In addition to the requirements of paragraphs 1 to 3, the competent authority may require an institution to comply with the obligations mentioned in the third sub-paragraph on a sub-consolidated basis when— (a) it is justified for supervisory purposes by the specificities of the risk or the capital structure of the institution, or (b) the institution is a ring-fenced body within the meaning of section 142A(1) of FSMA.

• (ii) in the second sub-paragraph, omit “and shall neither entail disproportionate adverse effects on the whole or parts of the financial system in other Member States or in the Union as a whole nor form or create an obstacle to the functioning of the internal market”;

• (iii) after the second sub-paragraph insert—

The obligations mentioned in this sub-paragraph are those provided for in— (a) Parts 2, 3, 4, 6, 7, 7A and 8 of this Regulation; (b) Directive 2013/36/EU UK law which implemented Title 7, Chapter 4 of Directive 2013/36/EU.

• (3) In Article 18—

• (a) in paragraph 3, for “within the meaning of Article 22(7) of Directive 2013/34/EU” insert “by a common management relationship”;

• (b) in paragraph 6, second sub-paragraph, after “Directive 2013/34/EU” insert “, as it had effect immediately before IP completion day”;

• (c) in paragraph 8(a), for “an undertaking excluded from the scope of Directive 2009/138/EC in accordance with Article 4 of that Directive;” substitute “an undertaking within Article 4(1)(27)(k) of this Regulation”;

• (d) in paragraph 9—

• (i) in the first sub-paragraph, for “EBA shall develop draft regulatory” substitute “The FCA and PRA may each make”;

• (ii) omit the second and third sub-paragraphs.

• (4) In Article 124—

• (a) in paragraph 1, in the second sub-paragraph, for “in those Member States that have laid down rigorous criteria for the assessment of the mortgage lending value in statutory or regulatory provisions” substitute “, if rigorous criteria are in force at the time in the United Kingdom for the assessment of the mortgage lending value”;

• (b) in paragraph 1a—

• (i) omit the first sub-paragraph;

• (ii) for the second sub-paragraph substitute—

The PRA shall ensure that the Financial Policy Committee is duly informed of the PRA’s intention to make use of this Article, and is appropriately involved in the assessment of financial stability concerns in the United Kingdom in accordance with paragraph 2.

• (iii) omit the third sub-paragraph;

• (c) in paragraph 2—

• (i) in the first and second sub-paragraphs—

• (aa) for “authority designated in accordance with paragraph 1a of this Article”, in each place, substitute “PRA”;

• (bb) for “one or more parts of the territory of the Member State of the relevant authority”, in each place, substitute “the United Kingdom”;

• (ii) in the second sub-paragraph, for “its Member State” substitute “the United Kingdom”;

• (iii) omit the third sub-paragraph;

• (iv) in the fourth sub-paragraph, for “authority designated in accordance with paragraph 1a” substitute “PRA”;

• (d) in paragraph 3, for “authority designated in accordance with paragraph 1a” substitute “PRA”;

• (e) in paragraph 4—

• (i) in the first sub-paragraph, for “EBA, in close cooperation with the ESRB, shall develop draft regulatory” substitute “The FCA and PRA may each make”;

• (ii) omit the second and third sub-paragraphs;

• (f) omit paragraphs 5 and 6.

• (5) In Article 164—

• (a) in paragraph 5—

• (i) omit the first sub-paragraph;

• (ii) for the second sub-paragraph substitute—

The PRA shall ensure that the Financial Policy Committee is duly informed of the PRA’s intention to make use of this Article, and is appropriately involved in the assessment of financial stability concerns in the United Kingdom in accordance with paragraph 6.

• (iii) omit the third sub-paragraph;

• (b) in paragraph 6—

• (i) in the first sub-paragraph—

• (aa) for “authority designated in accordance with paragraph 5 of this Article” substitute “PRA”;

• (bb) for “one or more parts of the territory of the Member State of the relevant authority” substitute “the United Kingdom”;

• (ii) in the second sub-paragraph—

• (aa) for “authority designated in accordance with paragraph 5” substitute “PRA”;

• (bb) for “its Member State” substitute “the United Kingdom”;

• (cc) for “one or more parts of the territory of the Member State of the relevant authority” substitute “the United Kingdom”;

• (iii) omit the third sub-paragraph;

• (c) in paragraph 7, for “authority designated in accordance with paragraph 5” substitute “PRA”;

• (d) in paragraph 8—

• (i) in the first sub-paragraph—

• (aa) for “EBA, in close cooperation with the ESRB, shall develop draft regulatory” substitute “The FCA and PRA may each make”;

• (bb) for “authority designated in accordance with paragraph 5” substitute “PRA”;

• (ii) omit the second and third sub-paragraphs;

• (e) omit paragraphs 9 and 10.

• (6) In Article 468, paragraph 4, after “Directive 2013/36/EU” insert “ UK law”.

• (7) In Article 473a—

• (a) in paragraph 7a, after “Directive 2013/36/EU” insert “ UK law”;

• (b) in paragraph 9, omit the final sub-paragraph.

• (8) Omit Article 500a.

Regulation (EU) 2015/2365

75

In Article 3 of Regulation (EU) 2015/2365 of the European Parliament and of the Council of 25 November 2015 on transparency of securities financing transactions and of reuse and amending Regulation (EU) No 648/2012, after paragraph (3)(g) insert—

(h) a central securities depository authorised in accordance with Regulation (EU) No 909/2014 of the European Parliament and of the Council of 23 July 2014 on improving securities settlement in the European Union and on central securities depositories;

Regulation (EU) 2019/877

76

Regulation (EU) 2019/877 of the European Parliament and of the Council of 20 May 2019 amending Regulation (EU) No 806/2014 as regards the loss-absorbing and recapitalisation capacity of credit institutions and investment firms is revoked.

Regulation (EU) 2019/2088

77

Articles 2a, 8(4), 9(6) and 11(5) in Regulation (EU) 2019/2088 of the European Parliament and of the Council of 27 November 2019 on sustainability-related disclosures in the financial services sector[^f00065] are omitted.

Regulation (EU) 2020/852

78

• (1) Regulation (EU) 2020/852 of the European Parliament and of the Council of 18 June 2020 on the establishment of a framework to facilitate sustainable investment, and amending Regulation (EU) 2019/2088[^f00066] is amended as follows.

• (2) Omit Article 1, paragraph 2.

• (3) In Article 2—

• (a) omit paragraphs (2) to (4);

• (b) for paragraph (7) substitute—

(7) “greenhouse gas” has the meaning given in section 92 of the Climate Change Act 2008[^f00067].

• (c) for paragraph (8) substitute—

(8) “waste hierarchy” has the meaning— (a) in England and Wales, given in regulation 12 of the Waste (England and Wales) Regulations 2011[^f00068]; (b) in Northern Ireland, given in regulation 9(1) of the Waste (Northern Ireland) Regulations 2011[^f00069]; (c) in Scotland, given in section 34(2A) of the Environmental Protection Act 1990[^f00070].

• (d) for paragraph (12) substitute—

(12) “pollution” means— (a) the direct or indirect introduction of pollutants into air, water or land as a result of human activity; (b) in the context of the marine environment, pollution as defined in Part 2 of Schedule 1 to the Marine Strategy Regulations 2010[^f00071]; (c) in the context of the water environment— (i) in England and Wales, pollution as defined in paragraph 1(2) of Schedule 1 to the Water Environment (Water Framework Directive) (England and Wales) Regulations 2017[^f00072]; (ii) in Northern Ireland, pollution as defined in paragraph 1(2) of Schedule 1 to the Water Environment (Water Framework Directive) (Northern Ireland) Regulations 2017[^f00073]; (iii) in Scotland, pollution as defined in regulation 20(6) of the Water Environment and Water Services (Scotland) Act 2003[^f00074].

• (e) for paragraph (18) substitute—

(18) “marine waters” means marine waters as defined in regulation 3(3) of the Marine Strategy Regulations 2010[^f00075].

• (f) for paragraph (19) substitute—

(19) “surface water” has the meaning— (a) in England and Wales, given in paragraph 1(2) of Schedule 1 to the Water Environment (Water Framework Directive) (England and Wales) Regulations 2017[^f00076]; (b) in Northern Ireland, given in paragraph 1(2) of Schedule 1 to the Water Environment (Water Framework Directive) (Northern Ireland) Regulations 2017[^f00077]; (c) in Scotland, given in regulation 3(3) of the Water Environment and Water Services (Scotland) Act 2003[^f00078].

• (g) for paragraph (20) substitute—

(20) “groundwater” has the meaning— (a) in England and Wales, given in paragraph 1(2) of Schedule 1 to the Water Environment (Water Framework Directive) (England and Wales) Regulations 2017[^f00079]; (b) in Northern Ireland, given in paragraph 1(2) of Schedule 1 to the Water Environment (Water Framework Directive) (Northern Ireland) Regulations 2017[^f00080]; (c) in Scotland, given in regulation 3(4) of the Water Environment and Water Services (Scotland) Act 2003[^f00081].

• (h) for paragraph (21) substitute—

(21) “good environmental status” has the meaning given in Part 2 of Schedule 1 to the Marine Strategy Regulations 2010[^f00082].

• (i) for paragraph (22) substitute—

(22) “good status” has the meaning— (a) for surface water— (i) in England and Wales, of having both “good ecological status” and “good surface water chemical status”, as defined in paragraph 1(2) of Schedule 1 to the Water Environment (Water Framework Directive) (England and Wales) Regulations 2017[^f00083]; (ii) in Northern Ireland, of having both “good ecological status” and “good surface water chemical status”, as defined in paragraph 1(2) of Schedule 1 to the Water Environment (Water Framework Directive) (Northern Ireland) Regulations 2017[^f00084]; (iii) in Scotland, of having both “good ecological status”, as defined in paragraph 3(2)(b) of Part B of Schedule 1 to the Scotland River Basin District (Status) Directions 2014, and “good surface water chemical status”, as defined in paragraph 5(2)(a) of Part C of Schedule 1 to the Scotland River Basin District (Status) Directions 2014[^f00085]; (b) for groundwater— (i) in England and Wales, of having both “good groundwater status” and “good quantitative status”, as defined in paragraph 1(2) of Schedule 1 to the Water Environment (Water Framework Directive) (England and Wales) Regulations 2017[^f00086]; (ii) in Northern Ireland, of having both “good groundwater status” and “good quantitative status”, as defined in paragraph 1(2) of Schedule 1 to the Water Environment (Water Framework Directive) (Northern Ireland) Regulations 2017[^f00087]; (iii) in Scotland, of having both “good groundwater chemical status”, as defined in paragraph 2(2) of Part B of Schedule 4 to the Scotland River Basin District (Status) Directions 2014, and “good quantitative status”, as defined in paragraph 3(2) of Part C of Schedule 4 to the Scotland River Basin District (Status) Directions 2014[^f00088].

• (j) for paragraph (23) substitute—

(23) “good ecological potential” has the meaning— (a) in England and Wales, given in paragraph 1(2) of Schedule 1 to the Water Environment (Water Framework Directive) (England and Wales) Regulations 2017[^f00089]; (b) in Northern Ireland, given in paragraph 1(2) of Schedule 1 to the Water Environment (Water Framework Directive) (Northern Ireland) Regulations 2017[^f00090]; (b) in Scotland, given in paragraph 2(b) of Part B of Schedule 2 to the Scotland River Basin District (Status) Directions 2014[^f00091].

• (4) In Article 3(d) omit “by the Commission”.

• (5) Omit Article 8(4).

• (6) In Article 10—

• (a) in paragraph 1(a), omit “in line with Directive (EU) 2018/2011”;

• (b) in paragraph 2, for “the Commission” substitute “the Treasury”;

• (c) in paragraph 3, for “The Commission shall adopt a delegated act in accordance with Article 23” substitute “The Treasury must make regulations”;

• (d) omit paragraph 4;

• (e) for paragraph 5 substitute—

(5) The Treasury must establish the technical screening criteria referred to in paragraph 3 of this Article taking into account the requirements of Article 19.

• (f) for paragraph 6 substitute—

(6) The Treasury must make the regulations in paragraph 3 above no later than 1 January 2023.

• (7) In Article 11—

• (a) in paragraph 3 for “The Commission shall adopt a delegated act in accordance with Article 23” substitute “the Treasury must make regulations”;

• (b) omit paragraph 4;

• (c) for paragraph 5 substitute—

(5) The Treasury must establish the technical screening criteria referred to in paragraph 3 of this Article taking into account the requirements of Article 19.

• (d) for paragraph 6 substitute—

(6) The Treasury must make the regulations in paragraph 3 above no later than 1 January 2023.

• (8) In Article 12—

• (a) in paragraph 2, for “The Commission shall adopt a delegated act in accordance with Article 23” substitute “the Treasury must make regulations”;

• (b) omit paragraph 3;

• (c) for paragraph 4 substitute—

(4) The Treasury must establish the technical screening criteria referred to in paragraph 2 of this Article taking into account the requirements of Article 19.

• (d) for paragraph 5 substitute—

(5) The Treasury must make the regulations in paragraph 2 above no later than 1 January 2024.

• (9) In Article 13—

• (a) in paragraph 1(d) omit “in line with the objectives set out in Union law,”;

• (b) in paragraph 2 for “The Commission shall adopt a delegated act in accordance with Article 23” substitute “the Treasury must make regulations”;

• (c) omit paragraph 3;

• (d) for paragraph 4 substitute—

(4) The Treasury must establish the technical screening criteria referred to in paragraph 2 of this Article taking into account the requirements of Article 19.

• (e) for paragraph 5 substitute—

(5) The Treasury must make the regulations in paragraph 2 above no later than 1 January 2024.

• (10) In Article 14—

• (a) in paragraph 2 for “The Commission shall adopt a delegated act in accordance with Article 23” substitute “the Treasury must make regulations”;

• (b) omit paragraph 3;

• (c) for paragraph 4 substitute—

(4) The Treasury must establish the technical screening criteria referred to in paragraph 2 of this Article taking into account the requirements of Article 19.

• (d) for paragraph 5 substitute—

(5) The Treasury must make the regulations in paragraph 2 above no later than 1 January 2024.

• (11) In Article 15—

• (a) in paragraph 2 for “The Commission shall adopt a delegated act in accordance with Article 23” substitute “the Treasury must make regulations”;

• (b) omit paragraph 3;

• (c) for paragraph 4 substitute—

(4) The Treasury must establish the technical screening criteria referred to in paragraph 2 of this Article taking into account the requirements of Article 19.

• (d) for paragraph 5 substitute—

(5) The Treasury must make the regulations in paragraph 2 above no later than 1 January 2024.

• (12) In Article 17, in paragraph 1(f)(ii), for “Union” substitute “United Kingdom”.

• (13) In Article 18, omit paragraph 2.

• (14) In Article 19—

• (a) in paragraph 1, omit subparagraphs (d) and (e), and in subparagraph (f) omit “and the precautionary principle enshrined in Article 191 TFEU”;

• (b) in paragraph 5—

• (i) in the first subparagraph, for “The Commission shall regularly review the technical screening criteria referred to in paragraph 1 and, where appropriate, amend the delegated acts” substitute “The Treasury may by regulations amend the technical screening criteria set out in any regulations made under this Regulation.”;

• (ii) omit the second subparagraph;

• (iii) in the third paragraph for “the Commission” substitute “the Treasury”.

• (15) Omit Articles 20 to 22.

• (16) For Article 23 substitute—

(1) Any power to make regulations conferred on the Treasury by this Regulation is exercisable by statutory instrument. (2) Such regulations may— (a) contain incidental, supplemental, consequential, transitional, transitory or saving provision; and (b) make different provisions for different purposes. (3) A statutory instrument containing regulations made under this Regulation is subject to annulment in pursuance of a resolution of either House of Parliament.

• (17) Omit Article 24.

• (18) In Article 25—

• (a) omit paragraphs 1, 2(b) and (c), 3(b) and (c) and 4;

• (b) in paragraph (5) in the inserted paragraph 3 of Article 20 of Regulation (EU) 2019/2088 omit subparagraphs (a) and (b).

• (19) In Article 26—

• (a) in paragraph 1, for “By 13 July 2022, and subsequently every three years thereafter, the Commission shall publish a report on the application of this Regulation” substitute “The Treasury must, no later than 1 January 2024, and every three years thereafter, review the functioning of this Regulation and lay a report before Parliament”;

• (b) omit paragraph 1(c), (d), (e) and (f);

• (c) in paragraph 2, for “By 31 December 2021, the Commission shall publish a report describing the provisions that would be required to extend the scope of this Regulation beyond environmentally sustainable economic activities and describing the provisions that would be required to cover” substitute “The Treasury must, no later than 1January 2024, lay a report before Parliament evaluating the appropriateness of extending the scope of this Regulation beyond environmentally sustainable economic activities, and considering the measures that would be required to cover”;

• (d) omit Article 26(3).

• (20) After Article 27 omit the words “This Regulation shall be binding in its entirety and directly applicable in all member States.”.

SCHEDULE — Cross references to EU regulations forming part of retained EU law

1

• (1) For the text specified in sub-paragraph (2) substitute “forms part of retained EU law”.

• (2) The specified text, for the purposes of sub-paragraph (1), is—

• (a) in Article 35A (trade repositories) of the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001[^f00092], “has effect at the beginning of the day on which the Financial Services and Markets Act 2000 (Central Counterparties, Investment Exchanges, Prospectus and Benchmarks) (Amendment) Regulations 2020 are made (but see regulation 2 of the European Union (Withdrawal) Act 2018 (Consequential Modifications and Repeals and Revocations) Regulations 2018, which may further update the reference)”;

• (b) in regulation 1(4) (citation, commencement and interpretation) of the Regulated Covered Bonds Regulations 2008[^f00093], “has effect on the day on which the Capital Requirements (Amendment) (EU Exit) Regulations 2019 were made”;

• (c) in Article 1(6) (citation, commencement and interpretation) of the Banking Act 2009 (Restriction of Partial Property Transfers) Order 2009[^f00094], “had effect on the day on which the Financial Services (Electronic Money, Payment Services and Miscellaneous Amendments) (EU Exit) Regulations 2019 were made”;

• (d) in regulation 2(3) (interpretation) of the Capital Requirements Regulations 2013[^f00095], “has effect on the day on which the Capital Requirements (Amendment) (EU Exit) Regulations 2019 were made”;

• (e) in regulation 1(3) (citation, commencement and interpretation) of the Capital Requirements (Country-by-Country Reporting) Regulations 2013[^f00096], “has effect on the day on which the Capital Requirements (Amendment) (EU Exit) Regulations 2019 were made”;

• (f) in regulation 2(2A) (interpretation) of the Capital Requirements (Capital Buffers and Macro-prudential Measures) Regulations 2014[^f00097], “has effect on the day on which the Capital Requirements (Amendment) (EU Exit) Regulations 2019 were made”;

• (g) in Article 2(2) (interpretation) of the Banking Act 2009 (Banking Group Companies) Order 2014[^f00098], in the definition of “the Capital Requirements Regulation”, “had effect on the day on which the Financial Services (Electronic Money, Payment Services and Miscellaneous Amendments) (EU Exit) Regulations 2019 were made”;

• (h) in Article 5(1) (set-off and netting: meaning of “derivative”, “financial contract” and “qualifying master agreement”) of the Banking Act 2009 (Restriction of Special Bail-in Provision, etc.) Order 2014[^f00099], “had effect on the day on which the Bank Recovery and Resolution and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018 were made”;

• (i) in Article 2(4) (interpretation) of the Bank Recovery and Resolution (No. 2) Order 2014[^f00100], “had effect on the day on which the Financial Services (Electronic Money, Payment Services and Miscellaneous Amendments) (EU Exit) Regulations 2019 were made”;

• (j) in regulation 2 (interpretation) of the Financial Services and Markets Act 2000 (Market Abuse) Regulations 2016[^f00101], in the definition of “the market abuse regulation”, “has effect on the day on which the Market Abuse (Amendment) (EU Exit) Regulations 2018 are made”;

• (k) in the following paragraphs of the Bank Recovery and Resolution and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018[^f00102], “had effect on the day on which the Bank Recovery and Resolution and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1394) were made”—

• (i) Schedule 1, paragraph 54;

• (ii) Schedule 2, paragraph 3(b)(ii);

• (iii) Schedule 3, paragraph 1(29);

• (iv) Schedule 4, in each of paragraphs 2(2)(c), 4(4)(2)(b) and 7(3);

• (l) in regulation 2 (the Financial Services and Markets Act 2000 (Markets in Financial Instruments) Regulations 2017) of the Markets in Financial Instruments (Amendment) (EU Exit) Regulations 2018[^f00103], in new regulation 2A, “has effect on the day on which the Markets in Financial Instruments (Amendment) (EU Exit) Regulations 2018 are made”;

• (m) in regulation 3(2)(b) (Amendment of the Credit Institutions (Reorganisation and Winding up) Regulations 2004) of the Credit Institutions and Insurance Undertakings Reorganisation and Winding Up (Amendment) (EU Exit) Regulations 2019[^f00104], in new paragraph (1A), “had effect on the day on which the Credit Institutions and Insurance Undertakings Reorganisation and Winding Up (Amendment) (EU Exit) Regulations 2019 were made”.

Signed

Michael Tomlinson — Maggie Throup — Two of the Lords Commissioners of Her Majesty’s Treasury — 26th November 2020

Explanatory note

(This note is not part of the Regulations)

EXPLANATORY NOTE

These Regulations are made in exercise of the powers conferred by section 8(1) of, and paragraphs 21 and 38 of Schedule 7 to, the European Union (Withdrawal) Act 2018 (c. 16).

Part 4, regulations 41 and 71, and the Schedule are also made under section 2(2) of the European Communities Act 1972 (c. 68).

The instrument is divided into 6 Parts and a Schedule. Part 2 makes transitional and saving provision concerning trade repositories in relation to Regulation (EU) 2015/2365 of the European Parliament and of the Council of 25 November 2015 on transparency of securities financing transactions and of reuse.

Part 3 makes transitional and saving provision concerning securitisation repositories in relation to Regulation (EU) 2017/2402 of the European Parliament and of the Council of 12 December 2017 laying down a general framework for securitisation and creating a specific framework for simple, transparent and standardised securitisation.

Part 4 and the Schedule (introduced by regulation 71) make amendments to update cross-references for EU regulations, such that they refer to the correct version at IP completion day (as defined in section 39(1) to (5) of the European Union (Withdrawal Agreement) Act 2020 (c. 1)). Part 4 makes this provision for primary legislation and the Schedule for UK secondary legislation

Part 5 makes amendments to existing UK secondary legislation.

Part 6 makes amendments to retained direct EU legislation.

A full impact assessment has not been produced for this instrument as no, or no significant, impact on the private, voluntary or public sector is foreseen.

Footnotes

[^f00001]: 1972 c. 68. The European Communities Act 1972 was repealed by section 1 of the European Union (Withdrawal) Act 2018 (c. 16) with effect from exit day, but saved with modifications until IP completion day by section 1A of that Act (as inserted by section 1 of the European Union (Withdrawal Agreement) Act 2020 (c. 1)). Section 2(2) of the European Communities Act 1972 was amended by section 27(1) of the Legislative and Regulatory Reform Act 2006 (c.51) and by section 3(3) of, and Part 1 of the Schedule to, the European Union (Amendment) Act 2008 (c. 7). Paragraph 1A of Schedule 2 was inserted by section 28 of the Legislative and Regulatory Reform Act 2006 and amended by Part 1 of the Schedule to the European Union (Amendment) Act 2008 and S.I. 2007/1388.

[^f00002]: 2018 c. 16, as amended by the European Union (Withdrawal Agreement) Act 2020 (c. 1), which inserted section 8A and omitted section 8(7)(e).

[^f00003]: S.I. 2012/1759.

[^f00004]: 2000 c.8.

[^f00005]: 2000 c. 8. Section 398 is amended by paragraph 36 of Schedule 9 to the Financial Services Act 2012 (c. 21), S.I. 2013/1773, S.I. 2015/1882, S.I. 2016/680, S.I. 2017/701, S.I. 2018/135, S.I. 2018/698, S.I. 2019/362, and S.I. 2019/1043.

[^f00006]: S.I. 2019/542.

[^f00007]: OJ L 337, 23.12.2015, p. 1–34.

[^f00008]: 1971 c. 80. Amended by section 1 of the St Andrew’s Day Bank Holiday (Scotland) Act 2007 (asp 2).

[^f00009]: 2000 c. 8. Section 398 is amended by paragraph 36 of Schedule 9 to the Financial Services Act 2012 (c. 21), S.I. 2013/1773, S.I. 2015/1882, S.I. 2016/680, S.I. 2017/701, S.I. 2018/135, S.I. 2018/698, S.I. 2019/362, and S.I. 2019/1043.

[^f00010]: 1986 c. 45. Paragraph 15C inserted by section 13(1) of the Financial Services (Banking Reform) Act 2013 (c. 33), and as amended by S.I. 2018/1394.

[^f00011]: 2000 c. 8.

[^f00012]: Definition inserted by S.I. 2013/504, and as amended by S.I. 2020/117 and 2020/646.

[^f00013]: Section 417(1) as amended by S.I. 2012/2554, 2013/3115, 2017/701, 2017/1064, 2019/632 and 2019/1212; section 417(1A) inserted by S.I. 2019/632; there are other amendments which are not relevant.

[^f00014]: 2009 c.1.

[^f00015]: As amended by S.I. 2014/3329, 2018/1394 and 2019/1212; there are other amendments which are not relevant.

[^f00016]: As amended by S.I. 2017/1064 and 2018/1394.

[^f00017]: Section 11A inserted by S.I. 2016/1239 and subsection (8) by S.I. 2018/1394.

[^f00018]: S.I. 2001/544, as amended by S.I. 2017/488 and 2018/1288.

[^f00019]: S.I. 2001/2188.

[^f00020]: S.I. 2018/135.

[^f00021]: S.I. 2018/1115, amended by S.I. 2019/336, 394, 576, 1212, 1390, 1416 and 2020/628 and 646. Paragraph 11A of the Schedule inserted by S.I. 2019/1390 and paragraph 69G by S.I. 2020/628.

[^f00022]: S.I. 2018/1184, as amended by S.I 2020/646.

[^f00023]: S.I. 2018/1199.

[^f00024]: S.I. 2018/1285.

[^f00025]: S.I. 2018/1318, as amended by S.I 2019/1416 and 2020/646.

[^f00026]: 2000 c. 8. Section 398 is amended by paragraph 36 of Schedule 9 to the Financial Services Act 2012 (c. 21), S.I. 2013/1773, S.I. 2015/1882, S.I. 2016/680, S.I. 2017/701, S.I. 2018/135, S.I. 2018/698, S.I. 2019/362, and S.I. 2019/1043.

[^f00027]: S.I. 2018/1401, as amended by S.I. 2019/1232.

[^f00028]: S.I. 2018/1403.

[^f00029]: S.I. 2001/995, paragraph 3G inserted by S.I. 2017/701 and amended by S.I. 2019/662 and 2020/117.

[^f00030]: S.I. 2019/266.

[^f00031]: S.I. 2019/310.

[^f00032]: S.I. 2019/335, as amended by S.I 2019/1416 and 2020/646.

[^f00033]: S.I. 2003/3226. Relevant amending instrument is S.I. 2010/2993.

[^f00034]: S.I. 2019/403.

[^f00035]: S.I. 2019/407.

[^f00036]: Article 378A will be inserted into Delegated Regulation (EU) 2015/35 by regulation 11(92) of S.I. 2019/407 on IP completion day.

[^f00037]: Article 380A will be inserted into Delegated Regulation (EU) 2015/35 by regulation 11(96) of S.I. 2019/407 on IP completion day.

[^f00038]: OJ L 335, 17.12.2009, p. 1.

[^f00039]: S.I. 2019/541, as amended by S.I. 2019/710, 1212, 1234, 1390 and 1416, and S.I. 2020/628, 646 and 1055.

[^f00040]: S.I. 2019/542, as amended by S.I. 2019/1416 and 2020/646.

[^f00041]: 2000 c. 8.

[^f00042]: S.I. 2020/XXX.

[^f00043]: S.I. 2019/632.

[^f00044]: S.I. 2019/657, as amended by S.I. 2020/646.

[^f00045]: S.I. 2019/660, as amended by S.I. 2020/646.

[^f00046]: 1993 c. 48. The definition of “occupational pension scheme” was inserted by section 239 of the Pensions Act 2004 (c. 35) and amended by S.I. 2007/3014.

[^f00047]: 1995 c. 26.

[^f00048]: S.I. 2019/680, to which there are amendments not relevant to these Regulations.

[^f00049]: S.I. 2004/1045; relevant amending instruments are S.I. 2019/38, and 2019/680.

[^f00050]: S.I. 2004/353; relevant amending instruments are S.I. 2019/38 and 2019/680.

[^f00051]: S.I. 2019/681.

[^f00052]: S.I. 2018/1403.

[^f00053]: S.I. 2018/1321.

[^f00054]: S.I. 2019/685, as amended by S.I 2019/1416 and 2020/646.

[^f00055]: S.I. 2019/707, as amended by S.I. 2019/1234.

[^f00056]: S.I. 2019/710, as amended by S.I 2019/1416 and 2020/646.

[^f00057]: S.I. 2019/1232.

[^f00058]: S.I. 2019/1234.

[^f00059]: S.I. 2019/1416, as amended by S.I. 2020/646.

[^f00060]: S.I. 2020/628.

[^f00061]: S.I. 2020/646.

[^f00062]: S.I. 2020/1055.

[^f00063]: 2000 c. 8. Section 398 is amended by paragraph 36 of Schedule 9 to the Financial Services Act 2012 (c. 21), S.I. 2013/1773, S.I. 2015/1882, S.I. 2016/680, S.I. 2017/701, S.I. 2018/135, S.I. 2018/698, S.I. 2019/362, and S.I. 2019/1043.

[^f00064]: S.I. 2017/752, paragraph (1A) to be inserted by S.I. 2018/1201.

[^f00065]: OJ No L 317 09.12.2019, p.1.

[^f00066]: OJ No L 198, 22.06.2020, p.13.

[^f00067]: 2008 c. 27.

[^f00068]: S.I. 2011/988.

[^f00069]: S.R. 2011 No. 127, amended by S.R. 2016 No. 95 and 2018 No. 200.

[^f00070]: 1990 c. 43, amended by S.S.I. 2011/266.

[^f00071]: S.I. 2010/1627.

[^f00072]: S.I. 2017/407.

[^f00073]: S.R. 2017 No. 81.

[^f00074]: 2003 asp 3, amended by S.S.I. 2005/348.

[^f00075]: S.I. 2010/1627.

[^f00076]: S.I. 2017/407.

[^f00077]: S.R. 2017 No. 81.

[^f00078]: 2003 asp 3.

[^f00079]: S.I. 2017/407.

[^f00080]: S.R. 2017 No. 81.

[^f00081]: 2003 asp 3.

[^f00082]: S.I. 2010/1627.

[^f00083]: S.I. 2017/407.

[^f00084]: S.R. 2017 No. 81.

[^f00085]: ISBN 9781784127640.

[^f00086]: S.I. 2017/407.

[^f00087]: S.R. 2017 No. 81.

[^f00088]: ISBN 9780784127640.

[^f00089]: S.I. 2017/407.

[^f00090]: S.R. 2017 No. 81.

[^f00091]: ISBN 9780784127640.

[^f00092]: S.I. 2001/544; Article 35A inserted by S.I. 2013.504, amended by S.I. 2016/715, and to be amended by S.I. 2019/632.

[^f00093]: S.I. 2008/346, as amended by S.I. 2018/1401 and 2019/1232.

[^f00094]: S.I. 2009/322, as amended by S.I. 2019/1212.

[^f00095]: S.I. 2013/3115, as amended by S.I. 2018/1401 and 2019/1232.

[^f00096]: S.I. 2013/3118, as amended by S.I. 2018/1401 and 2019/1232.

[^f00097]: S.I. 2014/894, as amended by S.I. 2018/1401 and 2019/1232.

[^f00098]: S.I. 2014/1831, as amended by S.I. 2019/1212.

[^f00099]: S.I. 2014/3350, as amended by S.I. 2018/1394.

[^f00100]: S.I. 2014/3348, as amended by S.I. 2018/1394 and 2019/1212.

[^f00101]: S.I. 2016/680, as amended by S.I. 2019/310.

[^f00102]: S.I. 2018/1394, as amended by S.I. 2019/1212.

[^f00103]: S.I. 2018/1403.

[^f00104]: S.I. 2019/38, amended by S.I. 2019/405.

Editorial notes

[^key-098776943e1dcd979c50c67cb8f0f5c7]: Reg. 1 in force at 27.11.2020, see reg. 1(2)

[^key-8a7671adf2b95b426c3e6105bace0bfc]: Reg. 2 in force at 27.11.2020, see reg. 1(2)

[^key-1ab5d6a793776fbddd43feca06dfadae]: Reg. 3 in force at 27.11.2020, see reg. 1(2)

[^key-e4cc17fb4d7193da6662bcc927c7a42e]: Reg. 4 in force at 27.11.2020, see reg. 1(2)

[^key-54579d2ee2f34437ea4040e6552c8645]: Reg. 5 in force at 27.11.2020, see reg. 1(2)

[^key-8d57bc1c091016026bde39dfa48e977e]: Reg. 6 in force at 27.11.2020, see reg. 1(2)

[^key-2491f1d3a2c434855b78745d647246fd]: Reg. 7 in force at 27.11.2020, see reg. 1(2)

[^key-7feeccfe53f1e8dd19d41011f9c30975]: Reg. 8 in force at 27.11.2020, see reg. 1(2)

[^key-ae33e7b91f19349b5c90083dc45adff6]: Reg. 9 in force at 27.11.2020, see reg. 1(2)

[^key-65ef706d4d153f11e62b1643ce719093]: Reg. 10 in force at 27.11.2020, see reg. 1(2)

[^key-84eda1677ad03be4de110a0b8d45af64]: Reg. 11 in force at 27.11.2020, see reg. 1(2)

[^key-8fc36e965db214006f107211947b616b]: Reg. 12 in force at 27.11.2020, see reg. 1(2)

[^key-cce5dbee7faba98db226b725840af647]: Reg. 13 in force at 27.11.2020, see reg. 1(2)

[^key-b09f124b9fd95b039499fe9747c33033]: Reg. 14 in force at 27.11.2020, see reg. 1(2)

[^key-4fdc3f8523ccc519824b4482b09b9332]: Reg. 15 in force at 27.11.2020, see reg. 1(2)

[^key-97726262f89e7c3c3cacc32988405f9b]: Reg. 16 in force at 27.11.2020, see reg. 1(2)

[^key-5e4485e6ea287c103ff2eb862dea158b]: Reg. 17 in force at 27.11.2020, see reg. 1(2)

[^key-203100ab0d5e97ba0e4e3be4cf3eece7]: Reg. 18 in force at 27.11.2020, see reg. 1(2)

[^key-4271f3068f36311ee3bc88aa9cdcd872]: Reg. 19 in force at 27.11.2020, see reg. 1(2)

[^key-29eb4bd900e2e1d1735ec43855fdf149]: Reg. 20 in force at 27.11.2020, see reg. 1(2)

[^key-211e380bc91c7922532c81558353d5c2]: Reg. 21 in force at 27.11.2020, see reg. 1(2)

[^key-c09087e20f7d5fa9ecf63ee802e18bbb]: Reg. 22 in force at 27.11.2020, see reg. 1(2)

[^key-7957671758dfea21437a4e0aeb36a346]: Reg. 23 in force at 27.11.2020, see reg. 1(2)

[^key-bdb30de9d9b5be0ca7688c9808e73536]: Reg. 24 in force at 27.11.2020, see reg. 1(2)

[^key-037bbf88b2e94af0d3a10f4e8b8695cc]: Reg. 25 in force at 27.11.2020, see reg. 1(2)

[^key-1946ee8b89f64c8aaea616df51c99348]: Reg. 26 in force at 27.11.2020, see reg. 1(2)

[^key-328e366f0b38a046201f1a360b667c8b]: Reg. 27 in force at 27.11.2020, see reg. 1(2)

[^key-a6e415e258e67914b30b8b840985bc1b]: Reg. 28 in force at 27.11.2020, see reg. 1(2)

[^key-4a2ea11853e3171a834a6e58d77d86c5]: Reg. 29 in force at 27.11.2020, see reg. 1(2)

[^key-2ff6b1ddc2aec0b7392e3fc3a8508c3e]: Reg. 30 in force at 27.11.2020, see reg. 1(2)

[^key-d68c722d563f3234703981262d4c542d]: Reg. 31 in force at 27.11.2020, see reg. 1(2)

[^key-dadbfecdb7dd43f60a567e1d1f9dac66]: Reg. 32 in force at 27.11.2020, see reg. 1(2)

[^key-a010711251eeca3cf2e88c58c58c8338]: Reg. 33 in force at 27.11.2020, see reg. 1(2)

[^key-9858871d5ce88a23311052593372e699]: Reg. 34 in force at 27.11.2020, see reg. 1(2)

[^key-31493b28df7f6eafb9deb84d422ab299]: Reg. 35 in force at 27.11.2020, see reg. 1(2)

[^key-8e9c03022eb20ff5c9540573e6e34295]: Reg. 36 in force at 27.11.2020, see reg. 1(2)

[^key-6a10aaeca127e51e85e516f5c6dea252]: Reg. 43 in force at 27.11.2020, see reg. 1(2)

[^key-27aa91736f654992c1f6e41bcb290d1f]: Reg. 47 in force at 27.11.2020, see reg. 1(2)

[^key-58f5069f8c6e46c71306eadeaf2c31cf]: Reg. 50(1)(4)-(6) in force at 27.11.2020, see reg. 1(2)

[^key-11e5c806ba9d5a694a96ffc51ee48b03]: Reg. 54(1)(2)(5) in force at 27.11.2020, see reg. 1(2)

[^key-a059d7ad9539283fcd2327f86674d4a1]: Reg. 70 in force at 27.11.2020, see reg. 1(2)

[^key-2c45ec5b45506bedc7af6f6220351e93]: Reg. 50(2)(3)(7)(8) in force at 31.12.2020 immediately before IP completion day, see reg. 1(4)

[^key-62a64e649b4ff46940eeaa132fed0c55]: Reg. 54(3)(4) in force at 31.12.2020 immediately before IP completion day, see reg. 1(4)

[^key-c096387dde253df2b4ab91c2a240d499]: Sch. para. 1 in force at 31.12.2020 immediately before IP completion day, see reg. 1(4)

[^key-5faa100bd05a3c63875c86d77f5cf893]: Reg. 38 in force at 31.12.2020 immediately before IP completion day, see reg. 1(4)

[^key-c44322979203981ef673ea1fb2ab00b0]: Reg. 52 in force at 31.12.2020 immediately before IP completion day, see reg. 1(4)

[^key-2e354c025d1e50bc56bce852d210fe6d]: Reg. 56 in force at 31.12.2020 immediately before IP completion day, see reg. 1(4)

[^key-2c5387a9fcc7478d212dba3fc6fd4cce]: Reg. 75 in force at 31.12.2020 on IP completion day, see reg. 1(3)

[^key-be1c342dba8e74ec19ba7529e21c0d21]: Reg. 37 in force at 31.12.2020 immediately before IP completion day, see reg. 1(4)

[^key-03e87c3f033bb057358387381316b61b]: Reg. 39 in force at 31.12.2020 immediately before IP completion day, see reg. 1(4)

[^key-f682c1185d0196a3d009d4f655982beb]: Reg. 40 in force at 31.12.2020 immediately before IP completion day, see reg. 1(4)

[^key-07fa1938022ac53affb6ca292ce8af2b]: Reg. 57 in force at 31.12.2020 immediately before IP completion day, see reg. 1(4)

[^key-8238be4fda40abc19745cfc04b1f516a]: Reg. 41 in force at 31.12.2020 immediately before IP completion day, see reg. 1(4)

[^key-010f53c26a85aa7cf8ed0a35c6fc5a7b]: Reg. 61 in force at 31.12.2020 immediately before IP completion day, see reg. 1(4)

[^key-75323a15303c551838b29572a3eb1961]: Reg. 42 in force at 31.12.2020 immediately before IP completion day, see reg. 1(4)

[^key-82f9487c38fa71cb52c1faeb290b6ee2]: Reg. 44 in force at 31.12.2020 immediately before IP completion day, see reg. 1(4)

[^key-b81db660e6e67accbd4852a8705d54ff]: Reg. 45 in force at 31.12.2020 immediately before IP completion day, see reg. 1(4)

[^key-e538267e19bfa36847d190a0e9238aab]: Reg. 46 in force at 31.12.2020 immediately before IP completion day, see reg. 1(4)

[^key-1234c0da2804964d62dffc876c78bb0a]: Reg. 48 in force at 31.12.2020 immediately before IP completion day, see reg. 1(4)

[^key-72b453e2e026224ba22eafc72a968aa1]: Reg. 74 in force at 31.12.2020 on IP completion day, see reg. 1(3)