COCON TP 1 Transitional provisions: Miscellaneous
1(1) |
(2) |
(3) |
(4) |
(5) |
(6) |
Material to which the transitional provision applies |
Transitional provision |
Transitional provision: dates in force |
Handbook provision coming into force |
||
1 |
Row (6) of the table in COCON 1.1.2R (Table: To whom does COCON apply?) |
R |
Row (6) does not apply to an employee of an SMCR firm in SYSC TP 8.1.1R (Application, purpose and definitions). |
During the firm’s individual transitional period (as defined in SYSC TP 8.1.5R (Table: glossary of bespoke terms used in SYSC TP 8)). |
The rule in column (2) applies from the end of the firm’s individual transitional period (as defined in column (5)). |
2 |
Row (6) of the table in COCON 1.1.2R (Table: To whom does COCON apply?) |
G |
The effect of COCON TP 1.1R is that an employee described in column (1) of row (6) of the table in that rule is not subject to COCON during the firm’s individual transitional period. If the firm does not have an individual transitional period (see SYSC TP 8.3.2G(3)), COCON TP 1.1R does not apply. |
As stated in COCON TP 1.1R. |
As stated in COCON TP 1.1R. |