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Regulation 9 Amendment of Part 18, Chapter 4: Interpretation

Original text. Later amendments are not shown.

In section 313 (interpretation of Part 18)f1, in subsection (1)—

(a)

omit the definition of “EEA CSD”;

(b)

in the definition of “the EMIR regulation”f2, for the words from “reference” to the end, substitute—

“reference to requirements contained in or to functions under the EMIR regulation includes a reference (as the case may be) to requirements contained in or to functions under—

(a)

any EU regulation, originally made under the EMIR regulation, which is retained direct EU legislation; or

(b)

any subordinate legislation (within the meaning of the Interpretation Act 1978) made under the EMIR regulation on or after exit day;”;

(c)

for the definition of “multilateral trading facility” substitute—

  • ““multilateral trading facility” means a UK multilateral trading facility as defined by Article 2(1)(14A) of the markets in financial instruments regulation;”;

(d)

for the definition of “organised trading facility” substitute—

  • ““organised trading facility” means a UK organised trading facility as defined by Article 2(1)(15A) of the markets in financial instruments regulation;”;

(e)

for the definition of “regulated market” substitute—

  • ““regulated market” means a UK regulated market as defined by Article 2(1)(13A) of the markets in financial instruments regulation;”.

Annotations

Footnotes

f1

In subsection (1), the definition of “EEA CSD” was inserted by S.I. 2017/1064; the definition of “the EMIR regulation” was inserted by S.I. 2013/504; the definition of “multilateral trading facility”, and “regulated market” were inserted by S.I. 2007/126 and amended by S.I. 2017/701; the definition of “organised trading facility” was inserted by S.I. 2017/701.

f2

The definition is amended before exit day by regulation 3(b) of these Regulations.