Introductory text

Draft Order laid before Parliament under paragraph 2(2) of Schedule 2 to the European Communities Act 1972 and paragraph 26 of Schedule 2 to the Financial Services and Markets Act 2000, for approval by resolution of each House of Parliament.

Financial Services And Markets

Electronic Communications

Made ***

Coming into force in accordance with article 1(2)

The Treasury are designated^f1 for the purposes of section 2(2) of the European Communities Act 1972^f2 in relation to information society services.

In the opinion of the Treasury, one of the effects of the following Order is that an activity which is not a regulated activity (within the meaning of the Financial Services and Markets Act 2000^f3) will become a regulated activity.

The Treasury, in exercise of the powers conferred by section 2(2) of the European Communities Act 1972 and section 22(1) and (5) of, and paragraph 25(1)(b) of Schedule 2 to, the Financial Services and Markets Act 2000, make the following Order.

In accordance with paragraph 2(2) of Schedule 2 to the European Communities Act 1972 and paragraph 26 of Schedule 2^f4 to the Financial Services and Markets Act 2000, a draft of this Order has been laid before Parliament and approved by a resolution of each House of Parliament.

Annotations

Footnotes

f1: S.I. 2001/3495.
f2: 1972 c.68. Section 2(2) was amended by section 27 of the Legislative and Regulatory Reform Act 2006 (c. 51) and by section 3 of, and the Schedule to, the European Union (Amendment) Act 2008 (c. 7).
f3: 2000 c. 8.
f4: Paragraph 26 of Schedule 2 was amended by section 8(3) of the Financial Services Act 2012 (c. 21).