Paragraph 6 Other definitions

In this Schedule, except where the context otherwise requires—

• “investment” in the definition of “market maker” has the meaning which it bears in section 1 (investment business) of the Financial Services Act 1986^f1;

• “market maker” means—

  1. (a)

     in relation to the United Kingdom, a market maker in securities of a particular kind,

  2. (b)

     in relation to any country or territory outside the United Kingdom, a person who holds himself out at all normal times as willing to buy and sell at a price specified by him investments of a particular kind which are traded on any exchange in that country or territory;

• “market maker in securities of a particular kind” means a person who, for the purposes of subsection (4) of section 67 (depositary receipts) of the Finance Act 1986^f2, is so described in section 69(7) (depositary receipts: supplementary) of that Act.