Schedule 5, paragraph 1(3)

In those provisions as applying for the purposes of this paragraph— references to an “EEA authorised electronic money institution” are to be read as references to the firm; references to the home state competent authority are to be read as references to the Gibraltar Financial Services Commission; references to a “passport right” are to be read as references to the entitlement mentioned in sub-paragraph (2); references to the authorisation of any person as a credit institution, custodian or insurer in accordance with a directive are to be read as a reference to authorisation in accordance with Gibraltar legislation which implemented the directive; references to a person's rights or entitlements are to be read as references to the rights or entitlements the person would have, if the person's rights or entitlements were being determined immediately before IP completion day.

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