PART 3Provisions relating to activities which are regulated activities with effect from 1st April 2012

Transitional provisions relating to registration subject to conditions

14.—(1) This article applies where any person makes a 2012 transitional application.

(2) Article 5 applies to an application to which this article applies as if—

(a)all references to individual paragraphs of article 5 were interpreted as references to those paragraphs as applied by this article;

(b)the reference to article 4 were interpreted as a reference to article 4 as applied by the provisions of article 13;

(c)for the reference to “transitional application” there were substituted “2012 transitional application”;

(d)all references to article 2 were interpreted as references to article 11;

(e)for “31st December 2010” there were substituted “31st December 2011”; and

(f)for all references to “1st April 2011” there were substituted “1st April 2012”.