Regulation 11 The Financial Markets and Insolvency Regulations 1991

(1)

The Financial Markets and Insolvency Regulations 1991^f1 are amended as follows.

(2)

In regulation 7 (interpretation of Part V)^f2 omit the definition of “EEA CSD”.

(3)

In regulation 11A (extent to which charge granted in favour of recognised CSD to be treated as market charge)^f3—

(a)

in the opening words of paragraph (2), for “an EEA CSD or” substitute “a”;

(b)

in paragraphs (2)(a) and (b) omit “EEA CSD or”.

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