Schedule 6: Gibraltar-based persons carrying on regulated activities in the UK Part 14: Special cases
Paragraph 83 makes provision for special cases in Schedule 2A. Among other things, Schedule 2A provides that a person must have a head office in Gibraltar in order to operate in the UK under the new regime. However, paragraph 83, sub-paragraph (1) provides that individuals authorised to carry on insurance distribution activities in Gibraltar without a head office in Gibraltar will be able to operate in the UK provided they are resident in Gibraltar.
	Sub-paragraph (2) of paragraph 83 makes provision in connection to the notification for the purposes of paragraph 12 in relation to an individual authorised to carry on insurance distribution activities. Sub-paragraph (3) confers on HM Treasury power to make regulations to replace the residence requirement in sub-paragraph (1). Sub-paragraph (4) defines ‘insurance distribution activity’.