Regulation 12 Amendment of Part 38 (companies: interpretation)
(1)
Part 38 of the Act is amended as follows.
(2)
In subsection (1) of section 1173 (minor definitions: general), after the definition of “regulated market”, insert the following definition—
““transferable securities” means anything which is a transferable security for the purposes of Directive 2004/39/EC of the European Parliament and of the Council on markets in financial instruments;”.