Introductory text

Draft Order laid before Parliament under paragraph 26 of Schedule 2 to the Financial Services and Markets Act 2000 and section 94 of the Financial Services Act 2012, for approval by resolution of each House of Parliament.

Financial Services And Markets

Made ***

Coming into force 1st April 2015

In accordance with paragraph 26^f1 of Schedule 2 to the Financial Services and Markets Act 2000^f2 and section 94 of the Financial Services Act 2012^f3, a draft of this instrument was laid before Parliament and approved by a resolution of each House of Parliament.

The Treasury, in exercise of the powers conferred by sections 22(1A)^f4 and (5) and 428(3) of, and paragraph 25^f5 of Schedule 2 to, the Financial Services and Markets Act 2000 and section 93(4) of the Financial Services Act 2012, make the following Order.

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) will become a regulated activity and a benchmark that is not a relevant benchmark (within the meaning of section 93(4) of the Financial Services Act 2012) will become a relevant benchmark.

Annotations

Footnotes

f1: Paragraph 26 was substituted by the Financial Services Act 2012, section 8(1), (3).
f2: 2000 c.8.
f3: 2012 c.21.
f4: Section 22(1A) was inserted by the Financial Services Act 2012, section 7(1)(a).
f5: Paragraph 25 was amended by the Financial Services Act 2012, section 8(1), (2).