Schedule 2A, Part 3, paragraph 19(1)

The appropriate UK regulator may reject a notification, so far as it relates to an approved activity, if satisfied that a person with responsibility for managing an aspect of the Gibraltar-based person's affairs— is prohibited from performing a function by a prohibition order, and performs a senior management function in relation to the carrying on of the approved activity by the Gibraltar-based person in the United Kingdom, Gibraltar or elsewhere or is expected to do so if the person obtains a Schedule 2A permission to carry on the approved activity in the United Kingdom.

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Source: legislation.gov.uk · retrieved 2026-09-04