193 Interpretation of this Part
193 Interpretation of this Part

(1)     In this Part—

“additional procedure” means the procedure described in section 199;

“incoming firm” means—

(a)     an EEA firm which is exercising, or has exercised, its right to carry on a regulated activity in the United Kingdom in accordance with Schedule 3;

[(aa)     an EEA UCITS which is a recognised scheme under section 264;] . . .

[(ab)     an EEA AIFM which is exercising, or has exercised, its right to market an AIF in the United Kingdom in accordance with Schedule 3; or]

(b)     a Treaty firm which is exercising, or has exercised, its right to carry on a regulated activity in the United Kingdom in accordance with Schedule 4; and

“power of intervention” means the power conferred on [the FCA or the PRA] by section 196.

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