Finance Act 2019

Amendment of section 1035A of Principal Act (relieving provision to section 1035)

33. Section 1035A(1) of the Principal Act is amended in the definition of “authorised agent”—

(a) in paragraph (a)(i), by substituting “Regulation 8 of the European Union (Markets in Financial Instruments) Regulations 2017 (S.I. No. 375 of 2017)” for “section 18 of the Stock Exchange Act 1995 ”, and

(b) in paragraph (a)(ii) —

(i) by substituting “a relevant Member State (within the meaning of section 835I(1))” for “another Member State”,

(ii) by substituting “Directive 2014/65/EU of the European Parliament and of the Council of 15 May 20147 ” for “Council Directive 93/22/EEC of 10 May 1993”, and

(iii) by inserting “and which provides one, or more, investment service through a branch or agency in the State pursuant to the European Union (Markets in Financial Instruments) Regulations 2017,” after “revoked,”.

7 OJ No. L173, 12.6.2014, p. 349