# The Mortgage Credit Directive Order 2015, Introduction: Introductory text


This draft Statutory Instrument supersedes the draft of the same title which was laid before Parliament and published on 26th January 2015 (ISBN 978-0-11-112774-2). It is being issued free of charge to all known recipients of that draft Statutory Instrument.
Draft Order laid before Parliament under paragraphs 2 and 2A of Schedule 2 to the European Communities Act 1972 and section 429(3) of, and paragraph 26(2) of Schedule 2 to, the Financial Services and Markets Act 2000 for approval by resolution of each House of Parliament
Financial Services And Markets
Made ***
Coming into force in accordance with article 1
The Treasury are a government department designated for the purposes of section 2(2) of the European Communities Act 1972 in relation to financial services.
In the opinion of the Treasury, one of the effects of this 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.
This Order contains a provision restricting an exemption provided by an earlier Order made under section 38 of the Financial Services and Markets Act 2000.
A draft of this Order has been laid before and approved by a resolution of each House of Parliament in accordance with paragraphs 2 and 2A of Schedule 2 to the European Communities Act 1972 and section 429(3) of and paragraph 26(2) of Schedule 2 to the Financial Services and Markets Act 2000.
The Treasury make this Order in exercise of the powers conferred on them by section 2(2) of, and paragraph 1A of Schedule 2 to, the European Communities Act 1972 and sections 21(9) and (15), 22(1) and (5), 38, 409 and 428(3) of the Financial Services and Markets Act 2000.

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Source: https://www.legislation.gov.uk/ukdsi/2015/9780111130810/introduction (the official version)
Page: https://openlegislation.uk/draft-mortgage-credit-directive-order-2015/introduction
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.