# The Financial Services and Markets Act 2000 (Exemption) (Amendment) Order 2006, Article 6: Amendment of the Exemption Order


In Part 4 of the Schedule (persons exempt in respect of particular regulated activities)—
(a) in paragraph 40 (enterprise schemes), after sub-paragraph (2) insert—
“(3) This paragraph does not apply where an investment firm or credit institution—
(a) provides or performs investment services and activities on a professional basis, and
(b) in doing so, but for the operation of this paragraph, it would be treated as carrying on an activity of a kind specified by Part 2 of the Regulated Activities Order.”;
(b) in paragraph 42 (gas industry)—
(i) in sub-paragraph (1), for “or 25” substitute “, 25 or 25D”, and for “or arranging deals in investments” substitute “, arranging deals in investments or operating a multilateral trading facility”;
(ii) in sub-paragraph (2), for “or 25” substitute “, 25 or 25D”, and for “or arranging deals in investments” substitute “, arranging deals in investments or operating a multilateral trading facility”;
(c) in paragraph 49 (electricity industry)—
(i) in sub-paragraph (1), after “25” insert “, 25D”, and after “arranging deals in investments” insert “, operating a multilateral trading facility”;
(ii) in sub-paragraph (2), for “or 25” substitute “, 25 or 25D”;
(iii) in sub-paragraph (3), after “25” insert “, 25D”;
(iv) in sub-paragraph (4), after “25” insert “or 25D”;
(v) in sub-paragraph (5), after “25” insert “or 25D”.

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Source: https://www.legislation.gov.uk/ukdsi/2006/0110755537/article/6 (the official version)
Page: https://openlegislation.uk/draft-financial-services-and-markets-act-2000-exemption-amendment-order-2006/article-6
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.