[71J Application of this Part to Gibraltar-based persons]

[Application of this Part to Gibraltar-based persons]

[71J  Application of this Part to Gibraltar-based persons]

[(1)     This section applies to an authorised person that—

(a)     has a Schedule 2A permission, but

(b)     does not have a Part 4A permission.

(2)     The person is only required to comply with the provisions listed in subsection (3) if the person has a branch in the United Kingdom.

(3)     Those provisions are—

(a)     section 59(1) or (2) (approval for particular arrangements), or

(b)     section 63E(1) (certification of employees).

(4)     In this section, “branch” has the same meaning as in Schedule 2A (see paragraph 3 of that Schedule).]

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