temporary EMI authorisation

86(in accordance with paragraph 2 of Part 1 of Schedule 3 and paragraph 12B of Part 1A of Schedule 3 to the E-money and Payments Transitional Provisions Regulations), as the case may be, authorisation as an authorised electronic money institution under the Electronic Money Regulations 2011, that a person is to be taken as having under paragraph 2 of Part 1 of Schedule 3 to the E-money and Payments Transitional Provisions Regulations or under paragraph 12B of Part 1A of Schedule 3 to those Regulations.