17 Services: overview

Part 2 UK Market Access: Services

17  Services: overview

(1)     This Part governs the regulation of service providers in the United Kingdom.

(2)     It makes provision that limits the application and effect of authorisation requirements and regulatory requirements.

(3)     An authorisation requirement is a legislative requirement that a service provider must have the permission of a regulator before carrying on a business of providing particular services.

(4)     A regulatory requirement is a legislative requirement that would if not satisfied (whether at a particular point or on a continuing basis) prevent a service provider from carrying on a business of providing particular services.

(5)     The following are neither authorisation requirements nor regulatory requirements for the purposes of this Part—

(a)     relevant requirements

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