Financial
Supervision Act
Part II Market Access Financial Enterprises
Chapter 2.1 Introductory provisions
Article 2:1 Personal character of licenses and dispensations
Licenses and dispensations granted under the present Act are personal
and non-transferable.
Article 2:2 Extent of dispensations
If the supervisor, in granting a license, grants
a dispensation as referred to in Article 2:5, paragraph 3, 2:7, paragraph
3, 2:12, paragraph 4, 2:17, paragraph 3, 2:21, paragraph 3, 2:26b, paragraph
4, 2:26e, paragraph 3, 2:31, paragraph 4, 2:37, paragraph 3, 2:41, paragraph
3, 2:49, paragraph 3, 2:51, paragraph 3, 2:54b, paragraph 4, 2:54e, paragraph
3, 2:54j, paragraph 3, 2:54m, paragraph 3, 2:58, paragraph 3, 2:63, paragraph
3, 2:67, paragraph 5, 2:68, paragraph 4, 2:78, paragraph 3, 2:83, paragraph
3, 2:89, paragraph 3, 2:94, paragraph 3, or 2:99, paragraph 6, such dispensation
shall qualify also as a dispensation from the corresponding rules of Part
III ‘Prudential Supervision Financial Enterprises’ and Part
IV ‘Conduct Supervision Financial Enterprises’.
Article 2:3 Extent of dispensations granted by the Authority for the Financial
Markets
If, without prejudice to Article 2.2, the Authority for the Financial
Markets, in granting a license to a financial enterprise whereby it has
asked the Dutch Central Bank for advice pursuant to Article 1:48, also
grants a dispensation as referred to in Articles 2:67, paragraph 5, 2:68,
paragraph 4, or 2:99, paragraph 6, the Authority for the Financial Markets
is empowered to grant simultaneously a dispensation from the corresponding
rules of Part III ‘Prudential Supervision Financial Enterprises’,
if the advice so necessitates. In such cases, any conditions recommended
by the Dutch Central Bank shall be attached to that dispensation. This
dispensation shall be deemed to have been granted by the Dutch Central
Bank where it relates to rules of Part III ‘Prudential Supervision
Financial Enterprises’.
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