Paragraph 6

Regulation 7 has effect as if—

(a)

any reference in paragraphs (1) and (4) to “the CFD counterparty” is to “a CFD counterparty”;

(b)

any reference in paragraph (2) to—

(i)

“the CFD counterparty” is to “that CFD counterparty”,

(ii)

“a CFD” is to “a CFD to which that CFD counterparty is a party”, and

(iii)

“CFDs” is to “CFDs to which that CFD counterparty is a party”; and

(c)

the first reference to “the CFD counterparty” in paragraph (3) is to “a CFD counterparty” and every subsequent reference in that paragraph is to “that CFD counterparty”.