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Explanatory note

Original text. Later amendments are not shown.

(This note is not part of the Regulations)

These Regulations continue the implementation of Directive of the European Parliament and of the Council of 6 June 2002 on financial collateral arrangements (2002/47/EC). They make a number of consequential amendments to the Financial Collateral Arrangements (No. 2) Regulations 2003, in relation to the Companies Act 2006 (c. 46).