[(1) An application for permission to carry on one or more regulated activities may be made to the appropriate regulator by—
(a) an individual,
(b) a body corporate,
(c) a partnership, or
(d) an unincorporated association.
(2) “The appropriate regulator”, in relation to an application under this section, means [(subject to subsection (2B))]—
(a) the PRA, in a case where—
(i) the regulated activities to which the application relates consist of or include a PRA-regulated activity, or
(ii) the applicant is a PRA-authorised person otherwise than by virtue of a Part 4A permission;
(b) the FCA, in any other case.
[(2A) An application under this section for permission to carry on the regulated activity specified in article 63S of the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001 may not include an application for permission to carry on any other regulated activity.
(2B) The appropriate regulator, in relation to an application under this section for permission to carry on the regulated activity specified in article 63S of the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001, is the FCA.]
(3) An authorised person who has a permission under this Part which is in force may not apply for permission under this section.
(4) An EEA firm may not apply for permission under this section to carry on a regulated activity which it is, or would be, entitled to carry on in exercise of an EEA right, whether through a United Kingdom branch or by providing services in the United Kingdom.
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