Section 3A(1)

In this section “relevant person” means— an institution authorised for the purpose of the Financial Services and Markets Act 2000 by the PRA or FCA, a parent of such an institution which— is a financial holding company or a mixed financial holding company; and is established in, or formed under the law of any part of, the United Kingdom, or a subsidiary of such an institution or of such a parent which— is a financial institution authorised by the PRA or FCA, and is established in, or formed under the law of any part of, the United Kingdom.

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