Paragraph 8 Amendments to the Financial Services and Markets Act 2000 (Professions) (Non-Exempt Activities) Order 2001

(1)

The Financial Services and Markets Act 2000 (Professions) (Non-Exempt Activities) Order 2001^f1 is amended as follows.

(2)

In article 2(1) (interpretation), at the appropriate place insert—

““structured deposit” has the meaning given by article 3(1) of the Regulated Activities Order;”.

(3)

In articles 5(1) (managing investments) and 6(2)(b) and (c)(i) (advising on investments), for “security or contractually based investment” substitute “security, contractually based investment or structured deposit”.

Annotations

Footnotes

f1: S.I. 2001/1227. Articles 2, 5 and 6 were amended by S.I. 2003/1476. There are other amendments but none is relevant.